Get started
jadeite

Waiting for a breakout on EURUSD to decide on the direction

Euro / U.S. Dollar (FX:EURUSD)  
jadeite  
FX:EURUSD   Euro / U.S. Dollar
EURUSD Trend Lines
3
0
eurusd trendline
Breakout from the yellow channel can send price up over 1.09 just to meet the pink resistance line. Breakout from the green channel may send price back to 1.082 to form a triple bottom or further south.

Always wait for breakout confirmation and use price support/resistance areas for target.
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.