Short term trade - Rising wedge

Bearish rising wedge formed.

Aggressive entry at the next touch of the top of the wedge

Conservative entry at the breakout of the wedge

Good luck!

Сделка активна

Комментарий:

Resistance at the 1.1630 level as per Fibonacci retracement

Комментарий:

On the 30M Ichimoku cloud the lagging line cross of the Kijun will confrim the bear trend, and will give impulse to the bearish momentum.

Комментарий:

Next support line is 1.1625 quite a soild mark. We might slightly bounce up from there before continuing down

Комментарий:

Beautiful Bearish engulfing candlestick pattern