Timonrosso

EUR/USD choose the break - I say down to 1.000

Corto
OANDA:EURUSD   Euro/Dólar estadounidense
I'm really not good at analysis when markets are in a range and predicting the breaks unless the breakout patterns are strong and impending.

IN this case, it could be a Rising Wedge, which requires a breakout to the downside.

Or it could be a rising Wedge, where the breakout can turn up and go above the apex.

I'll route for a breakdown, purely based on the 21>7MA - down momentum and RSI<50.

Then potential target will be back to 1.0000.

Which way do you think it's going?

✅ Facebook:
www.facebook.com/groups/matitrader

🌐Website:
www.timonandmati.com

💰FREE Discord:
discord.gg/c8f37kyv35

Twitter:
twitter.com/timonr

Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.