Euro / Dollar ASDiupdate EURUSD... Rising Wedge Study
As seen on the 4h chart there is a possible a rising wedge possiblity.
Weekly chart's descending channel is just over the price, 1.20 level is very important because of EU's new Euro decisions.
I am expecting both yellow and red downward lines will be strong resistances.
Thats why must be resdy to a possible reversal in a short time.
If the wedge woorks, after the confirmation 1.60.. should be the target of formation.
In comments you can see, weekly and daily views, please check it.
I welcome comments and likes. thanks in advance.
..........................................................................
Disclaimer: The given information on the chart and comments are not a Financial Advice.
Be carefull abaut your risk assessment and always use stoploss...!!!
..........................................................................
Yatırım tavsiyesi değildir.
Weekly chart's descending channel is just over the price, 1.20 level is very important because of EU's new Euro decisions.
I am expecting both yellow and red downward lines will be strong resistances.
Thats why must be resdy to a possible reversal in a short time.
If the wedge woorks, after the confirmation 1.60.. should be the target of formation.
In comments you can see, weekly and daily views, please check it.
I welcome comments and likes. thanks in advance.
..........................................................................
Disclaimer: The given information on the chart and comments are not a Financial Advice.
Be carefull abaut your risk assessment and always use stoploss...!!!
..........................................................................
Yatırım tavsiyesi değildir.
Catatan
Daily view
Catatan
weekly view
Catatan
Catatan
my stoploss level is red horizontal line. 
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Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.