EURAUD
💡Hello everyone, EURAUD chart analysis
The price is moving inside a falling wedge pattern, which consists of two decreasing lines that indicate that there is gradually diminishing selling pressure.
Buy scenario:⬆️
If the price manages to break the falling wedge pattern upwards. Breaking the wedge is usually a strong signal that the downtrend is over and the price is preparing to rise.
Sell scenario:⬇️
If the price fails to break the falling wedge upwards and continues to trade inside or below it, this may be an indication of a continuation of the downtrend.
⛔️ Not investment advice, for educational purposes only.
The price is moving inside a falling wedge pattern, which consists of two decreasing lines that indicate that there is gradually diminishing selling pressure.
Buy scenario:⬆️
If the price manages to break the falling wedge pattern upwards. Breaking the wedge is usually a strong signal that the downtrend is over and the price is preparing to rise.
Sell scenario:⬇️
If the price fails to break the falling wedge upwards and continues to trade inside or below it, this may be an indication of a continuation of the downtrend.
⛔️ Not investment advice, for educational purposes only.
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน