Recently we had a break out of the descending wedge after getting a higher low. The breakout failed to break a significant level (94.6) level which is why this was a corrective break set up. As it was a corrective break, we saw a deeper complex correction.
Deeper correction:
Price is currently testing the higher significant low (indicated on the chart), which previously gave us a break out of the major descending wedge . We look to be in a smaller descending wedge now where price is being squeezed and looking like it will breakout soon.
As we're anticipating USD strength, we will be looking to short XXXUSD pairs.
I will be posting the best USD set ups below. Do like and comment to show your support!
Deeper correction:
Price is currently testing the higher significant low (indicated on the chart), which previously gave us a break out of the major descending wedge . We look to be in a smaller descending wedge now where price is being squeezed and looking like it will breakout soon.
As we're anticipating USD strength, we will be looking to short XXXUSD pairs.
I will be posting the best USD set ups below. Do like and comment to show your support!
Want more chart ups like this? Click the links below:
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Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
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Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.