A long opportunity is emerging on EURUSD 60min.
• Price is consolidating
• A resistance turned into support at 1.1696
• Bullish sentiment is fading. We need a breakout of the trendline
Always wait for confirmation from your indicators.
• Price is consolidating
• A resistance turned into support at 1.1696
• Bullish sentiment is fading. We need a breakout of the trendline
Always wait for confirmation from your indicators.
Note
Remember that, unless we have a breakout, we don't have a setup. Once a breakout takes place, indicators must confirm it!
Trade closed: target reached
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Disclaimer
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📈 MINIMALIST TRADING INDICATORS
💚 1-Week FREE Trial: minimalisttrading.com
❤️ Trading videos (YouTube): bit.ly/MT-Channel
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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.