A falling wedge (ZR) 8/4/17
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Dear Trader,
There is a idea of falling wedge which provides a long entry. EURUSD AND DXY both chart have falling wedge.
EURUSD:
Falling wedge has almost completed but price may go to 1.0565 after it possibility of breakout increases for upper side.
DXY:
If we pay attention on dollar index it shows us lower low under falling wedge. According to this scenario price of eu can break the previous high of 1.0905 and take resistence on 1.0930 1.0950,1.0970.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing forex Team
There is a idea of falling wedge which provides a long entry. EURUSD AND DXY both chart have falling wedge.
EURUSD:
Falling wedge has almost completed but price may go to 1.0565 after it possibility of breakout increases for upper side.
DXY:
If we pay attention on dollar index it shows us lower low under falling wedge. According to this scenario price of eu can break the previous high of 1.0905 and take resistence on 1.0930 1.0950,1.0970.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing forex Team
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