Bullish Wedge Pattern

31 thg 10, 2019

This bullish pattern is characterized by having a time interval where there is a downward trend, contained in a wedge, whose sides are formed by two lines of downtrend, in this case the lines AB (resistance) and CB (support), said downward trend when approaching point B, breaks the resistance AB, following the upward trend (primary), the objective is to define a long position with a take profit of the size of the AD segment at the breaking point.
Temporality EUR / USD of 1 hour in October 2019