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mryoung
4. Jan. 2018 01:34

EUR going up? Long

Euro Fx/British PoundFXCM

Beschreibung

Daily chart gave us clear falling wedge. It's resistance line looks broken. We are seeing potential upward movement on this pair.

We will be looking at lower timeframes (1H) and see if this resistance line becomes support.

In this case, nice long is coming with first TP in R1 area on 0.985 and second TP on R2 area 0.9015.

Good luck!

Order storniert

Price broken the trendline and went back into bearish mode.
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