Price of EURUSD currency pair broke out of the falling wedge pattern and retest it as shown in the chart(Falling wedge is a bullish chart pattern which can either be reversal or continuation pattern, in this case is acting as a reversal chart pattern). The price is also supported by a H4 trend line as shown in the chart. I expect the price to grow up to the indicated area in the chart and beyond since we are still in the uptrend
Kommentar:
Price of EURUSD currency pair broke resistance at 1.16838 thus confirming further upside as indicated in the chart.
Kommentar:
Price is now ready to trend upwards. On H1 Time frame, the price of EURUSD currency pair has been supported by 50 SMA and a bullish pin bar/hammer has been formed
Trade ist aktiv:
1st target reached
Trade ist aktiv:
almost at 2nd target