Please see attached my EURUSD analysis on the 1H timeframe.
As we can see on the chart we have a falling wedge pattern emerging.
With this happening we have a few things we can look for to enter trades:
1. We can wait for a touch on support or resistance of the wedge and look for a buy or sell trades trying to catch some pips as price reverses off support or resistance.
2. We can wait for a breakout to the upside and enter a buy trades if price breaks the roof of the wedge.
Add this to your watchlist and wait for enter points.
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