Hi Traders!
EURUSD has broken above its ascending triangle on the 4H chart, and the price action looks bullish as it looks to finish the year off strong.
Here are the details:
The trendline resistance at 1.10094 has been broken, which tells us that the market is looking to test prices to the upside. The strategy that we are looking to implement is to buy the market dips.
Preferred Direction: Buy
Entry Level: 1.09796
Stop Level: 1.09311
Target Level: 1.10766
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
EURUSD has broken above its ascending triangle on the 4H chart, and the price action looks bullish as it looks to finish the year off strong.
Here are the details:
The trendline resistance at 1.10094 has been broken, which tells us that the market is looking to test prices to the upside. The strategy that we are looking to implement is to buy the market dips.
Preferred Direction: Buy
Entry Level: 1.09796
Stop Level: 1.09311
Target Level: 1.10766
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX