anasanmu

EUR/USD 6.23.2021 (Preparing for a long position)

Long
OANDA:EURUSD   Euro / Dollar Américain

6.23.2021 $1.1931


I am preparing for my long entry due to the following reasons:


- The falling wedge which started 2008 finally broke up this July of 2021.

- Historically there are two falling wedges that both broke up. I circled them in orange.

- Inside the 2008 falling wedge/bull flag, there is another flag and it gives us another proof that trend will be going up.

- Since Nov, 2020 after it breaking the two falling wedge patterns, it is doing Higher Lows.

- Now if it does another Higher Low at price around $1.17700 I am doing risk entry.
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.