Bearish Outlook, Rising Wedge FormationEuro/US DollarFX:EURUSDMikadooTradesCurrently leaning bearish on EURUSD as price action appears to be forming a rising wedge pattern, which is typically a bearish reversal structure. As seen on the chart, price is making higher highs and higher lows, but the momentum is weakening while staying within converging trendlines. This suggests that buyers are gradually losing strength. Additionally, price is approaching a key resistance zone near the top of the wedge. The structure looks increasingly compressed, indicating a potential breakout soon. Expecting a breakdown below the lower trendline of the wedge. If confirmed, this could lead to a stronger bearish move, potentially targeting previous support levels. Invalidation: A clean breakout above the wedge resistance would invalidate this bearish idea. As always, wait for confirmation before entering.