🚀EUR_USD is trading in a rising wedge
And has hit a strong horizontal resistance
After that, the growth has stalled
And now the pair is retesting the support confluence
Of the rising wedge support and the horizontal support levels
Thus, there is a chance that we will see a rebound
And a retest of the resistance above
And while this trade seems risky, as it looks like the pair
Is preparing to break the level, and go down
The risk reward here is very good
So why not take this long with 0.5% risk.
LONG🚀
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✅ My Website: prosignalsfx.eu/
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.