EURUSD Bearsih pattern Wedge on H1 timeframe !

٦ نوفمبر ٢٠٢٠

Pattern Wedge on EURUSD currency pair by T1
and T2 trendlines. This is bearish wedge
and forecasts short reverse movement,
little gain for USD. Also check the fibonacci
retracement for last bearish trend, the first
support level is 61%, around 1.1855

Terms and short forms!
T - Trendlines (T1,T2... etc.)
S - Supprt levels (S1,S2... etc.)
R - Resistance levels (R1,R2... etc.)
TP - Take Profit
SL - Stop Loss
F - Fibo Levels (F23,F61... etc.)

Check out my next stream "Group from Moving averages based on Fibonacci numbers"
tradingview.com/streams/LToJUxfPKrZ15fGRSPzAG/