Emerging Falling Wedge pattern in its final wave was identified on the ETHEUR 4 hour chart. After a strong bearish run, we find ETHEUR heading towards the upper triangle line with a possible resistance at 1812.6591. If the support shows to hold, the Falling Wedge pattern suggests a rebound back towards current levels.
A Falling Wedge has formed, ETHEUR is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
