ALPHA_CHART

EURUSD potential LONG from support zone

Long
FX:EURUSD   Euro / Dollar Américain
As we can see, the market is currently forming a clear triangle pattern, which is a trend continuation pattern. Given the bullish rally we experienced beforehand, it makes sense to anticipate the market moving higher. On the daily timeframe, we see a long-tailed candle that took out liquidity at Thursday's lows. I think this could lead to a test of the support level, with the potential for an upward move if the price rejects the support. In this scenario, I expect a fake breakout candlestick pattern at the support level and upward trendline as buying confirmation. My goal is the resistance at 1.09230
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.