If we have one more pop in the EurUsd befor we start to go the daily cycle low then we are going to have it as a breakout from the wedge.
That should occur this week because we are running out from time cyclewise.
I don't think the breakout can take out the 2015 October high , ECB will fight against that tooth and nails.
These kind of bullish wedges are breaking to the upside in 90% of the cases.
We have 4 days for this maximum (24 bars on the 4hrs chart)
That should occur this week because we are running out from time cyclewise.
I don't think the breakout can take out the 2015 October high , ECB will fight against that tooth and nails.
These kind of bullish wedges are breaking to the upside in 90% of the cases.
We have 4 days for this maximum (24 bars on the 4hrs chart)