Pattern: Wedge Structure | Elliott Wave | Order Block Play

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🔻 Day 4 | EUR/USD Analysis 🔻
Chart Type: 3H Timeframe



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📌 Chart Breakdown:
EUR/USD is respecting a textbook XABCD wedge pattern with clean Elliott Wave structure forming inside.
We’ve marked 5 key waves (1–5) completing within a falling wedge, aligning with a 50–60% retracement (Golden Zone) between point A and D.

🧠 Most traders miss the Golden Zone, but it’s often the clearest sign of upcoming trend continuation. Here, that continuation is bearish.


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✅ 3H Confluence Factors:

Wedge forming within a larger downtrend

Multiple Break of Structures (BOS) confirming bearish momentum

Price targeting 1.12956 zone (mapped order block)

Elliott Wave fractals confirmed within structure

Hidden supply zone respected at Wave 4



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📉 Expecting:
Retracement to supply → drop toward demand zone near 1.12956


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📎 Strategy Insight:
SMC + Elliott Wave + Multi-timeframe path tool mapping gives us high confluence to expect continuation into the demand area.

💬 Comment below your views —
Do you also trade Wedges with Elliott Wave confirmation?

#EURUSD #WedgePattern #ElliottWave #SmartMoneyConcepts #OrderBlock #TechnicalAnalysis #TradingView #ForexIndia


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