jojofang0901

EURUSD one more piece of confirmation before the sell

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jojofang0901 Uppdaterad   
OANDA:EURUSD   Euro / USA-dollar
Hello traders:

My last EURUSD analysis was forecasting the price to go up pass the recent double tops impulsively to confirm a potential up move.

However I am seeing the recent price action and structure are developing more into a correctional piece.

We see price correctively move up toward the recent double tops by forming a rising wedge structure, and hitting the top of the channel structure as well.

What I would like to see now is a lower time frame continuation structure to develop once price breaks out from here, and wait for confirmed correction and enter the sell.

Thank you
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Kommentera:
Still waiting to see if price breaks out from this rising wedge structure follow by continuation.
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