DeGRAM | EURUSD breakout expectation of significant resistance
EURUSD is testing strong resistance.
The market is trading in the ascending channel. The market is making higher lows and equal highs, indicating bullish pressure.
If price breaks and closes above the resistance, we'll expect a pullback to the broken resistance, which becomes a support. It's going to be a classic breakout pullback continuation trade.
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The market is trading in the ascending channel. The market is making higher lows and equal highs, indicating bullish pressure.
If price breaks and closes above the resistance, we'll expect a pullback to the broken resistance, which becomes a support. It's going to be a classic breakout pullback continuation trade.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex