22 Februari 2019, EUR/USD
Technical Observation:
The last two day;'s candle has been bearish pin bar candles. While the price is within the converging wedge formation. I expect a bounce from either the upper trendline or along the lower trendline. And should price breakout of this wedge formation, then I'll look for trade in the direction of the breakout. The key lines to look for on this chart include 1.12440, 1.13270, 1.14520, 1.15760, and 1.17840, these are the key levels and any time the price approaches them, then I'll be looking for a trade.
Trade Recommendations:We're short with our take profit along the lower supportive trendline.