EURUSD - Wedge Fakeout + 4hr Support - Buy

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EURUSD - Wedge Fakeout + 4hr Support - BuyEuro vs. US DollarFX:EURUSDmustafabaig99EURUSD has been trading within a descending structure, printing a series of LH and LL. Price action however shows earlier signs of potential trend reversal. Price swept below the descending wedge to grab the sell side liquidity indicating a bear trap for sellers. The bullish candle closed back inside the wedge structure signaling a short term bullish momentum in favor of the buyers. The 4hr demand/support zone further adds the second layer of confluence to the upcoming bullish trend reversal