AlgoVenture

EURUSD - Inside Bar Pending Break Up

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FX:EURUSD   欧元/美元
EURUSD has gone through a full week of retracement, forming a falling wedge in the process.
There was then a fake break below of the wedge as the price rebounded back into the wedge.
An inside bar was formed in the H4 chart, awaiting a break above to confirm that the end of retracement, as well as the beginning of a new wave of a bullish trend.
Wait for the price to break above the inside bar zone, and long as it retraces back to the zone.
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