With 2 market structures pre-dominating EURUSD, it is extremely difficult to find out whether or not it will follow the ascending channel or bullish flag. Either way, the overall sentiment is still bearish but take into account that we have yet to reach the trigger price for it, so unless 1.12645 breaks, then from our current levels of 1.12900+, we can go long from there but with a strict cut-loss. My expected TP area is at 1.13450.
Disclaimer: This is for educational purposes only.
Disclaimer: This is for educational purposes only.
Trade closed: target reached