dramadon

EUR USD LONG 4HR Setup

Long
FX:EURUSD   Euro / U.S. Dollar
The Euro has shown quite the momentum after a day of low volatility on Monday because of Memorial Day here in the United States. I see an ascending triangle making higher lows but not able to break through a resistance level on the 4HR and make higher highs. I would like to see price retrace back to the 618 Fibonacci zone before ultimately continuing its bullish momentum for some nice profits. Simple price action/fibonacci analysis here. Trade what you see.

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