EURUSD-Reversal
EURUSD in bearish trend with divergence on RSI, with a reversal pattern of falling wedge. R1 break out is set as entry lvl which is also LH with buystop order and R2 is below TP2 which is likely to break as projection of reversal is above it.
Trend Bearish
Divergence Bullish
Falling Wedge Reversal Pattern
Trend Bearish
Divergence Bullish
Falling Wedge Reversal Pattern
Note
EP was 1.10504 (correction)
SL can be adjusted to LL at 1.10152
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.