Dear friends!
On our 1D chart, after careful observation, we can see that a wedge pattern is forming. After EURUSD breaks out of the previous trend and completes the correction phase, a new downtrend is likely to be established.
Adam's target is to break above the 1.16000 support level and head towards the lower support level of 1.140000, which is where the pine attracts a large amount of buyers.
And you, do you think the price will go up or down? What is the target for your thinking?
On our 1D chart, after careful observation, we can see that a wedge pattern is forming. After EURUSD breaks out of the previous trend and completes the correction phase, a new downtrend is likely to be established.
Adam's target is to break above the 1.16000 support level and head towards the lower support level of 1.140000, which is where the pine attracts a large amount of buyers.
And you, do you think the price will go up or down? What is the target for your thinking?
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✅ Receive 7–10 premium signals daily across Forex, Gold, and Bitcoin
📈 Timely, precise market insights delivered in real-time
🎓 Designed for traders of all levels – beginner to pro
📌 Join our free signal group here: t.me/+LuDQwLtsv9kxYjM1
📈 Timely, precise market insights delivered in real-time
🎓 Designed for traders of all levels – beginner to pro
📌 Join our free signal group here: t.me/+LuDQwLtsv9kxYjM1
Related publications
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.