Eurusd

[RomanW]

Anybody agree we are in a falling wedge? (look back to Oct 28 high) Also, can anybody tell me what type of trend line analysis this is and what it indicates?

 

[Windowsill]

Anybody agree we are in a falling wedge? (look back to Oct 28 high) Also, can anybody tell me what type of trend line analysis this is and what it indicates?

Its whatever you see. Bit like clouds in the Sky.

 

[jpadventure]

Ignore the lower trendline, it's connected at only one point. Check the middle one, trendline break followed by retest of the line, common.

Test it, figure out probability of success, find exits.