Hey, I am back with another analysis of EUR/USD.
The pair is in a Bear flag, but! The pair is in strong uptrend and bear flag IS NOT a trend changing pattern so this a bullish continuation pattern.
I am bullish still on EUR/USD, so it's a clear long for me.
Let me know what you think about this pair.
Try to buy on the uptrend line above 1.17350.
Take profit at 1.17950 and below 1.18500.
Good luck with your trading!
The pair is in a Bear flag, but! The pair is in strong uptrend and bear flag IS NOT a trend changing pattern so this a bullish continuation pattern.
I am bullish still on EUR/USD, so it's a clear long for me.
Let me know what you think about this pair.
Try to buy on the uptrend line above 1.17350.
Take profit at 1.17950 and below 1.18500.
Good luck with your trading!
Comment:
4H Hidden bullish divergence
Comment:
The same hidden bullish divergence can be also spotted at 1h time frame
Trade closed: target reached:
TP1 hit, +34 pips!