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mariobillz7
Jun 29, 2020 9:02 AM

EURUSD Break and Retest of Bullish Flag - LONG  Long

Euro Fx/U.S. DollarFXCM

Description

Earlier last week (Monday and Tuesday) we saw the EURUSD broke out of the bullish flag, only to do a retest of it during the later days of the week. After successfully retesting the upper trend line of the flag, we can now look for buys to the upside and for new higher highs. It's only the start of the week so we need to see bullish momentum and volume for this to happen. Price breaking back into the trend line would invalide this setup. But for now we'll keep adding longs as the bullish volume builds
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