EURUSD Target 1.2245 Falling Wedge Potential Inverse H&S

EURUSD
After reaching high of 1.2349 $EUR early January it appears the Euro/Dollar pair has completed it's ABC correction.
I've identified a falling wedge which has been broken to the upside, with retest apparently successful.
Now I see an Inverse H&S pattern with the NeckLine indicated with the purple dotted line.
Both pattern targets show a Target Price of roughly 1.2245 $Euro. This is also the proposed 1.618% of the new(local) uptrend.
Look for Neckline Retest! DYOD!👉👀👈

Zlecenie aktywne:

Neckline in play....🧐
Caution!

Komentarz:

Fail.