Almost a month long rising wedge pattern is coming to an end. Bearish divergence signifies the imminent trend change. Possible test of the 1.08 and 1.085 levels.
As we know that rising wedge is a continuation pattern, we might be seeing a continuation of a massive downtrend that started mid 2016. for more conservative trading, wait for a break through the bottom of the wedge.
As we know that rising wedge is a continuation pattern, we might be seeing a continuation of a massive downtrend that started mid 2016. for more conservative trading, wait for a break through the bottom of the wedge.
