EURUSD is testing the rising wedge resistance as expected from my previous analysis.
RSI is printing a bearish divergence signal.
Potential retracement to the rising wedge support + fibonacci retracement levels + flip horizontal support confluence.
Sell entry ⬇️ - breakdown below the minor ascending channel support.
Target 🎯 - rising wedge support + fibonacci retracement levels.
Setup invalidation ❌ - breakout above the rising wedge resistance.
RSI is printing a bearish divergence signal.
Potential retracement to the rising wedge support + fibonacci retracement levels + flip horizontal support confluence.
Sell entry ⬇️ - breakdown below the minor ascending channel support.
Target 🎯 - rising wedge support + fibonacci retracement levels.
Setup invalidation ❌ - breakout above the rising wedge resistance.
