Felipersan24

Cup and Handle !?

Long
FX:EURUSD   Euro / U.S. Dollar
EU Seems to be showing strength to the upside after a long time of consolidation.
Without getting too far into the fundamentals, the US Gov. Shut down is NOT helping the Dollar at all.

As the market structure forms, a possible pattern could be a cup and handle; one of the strongest bullish patterns there is.

Illustrated, is the forecast and how this pattern could turn out to look like.

Best of luck!
Felipe

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.