It appears to be some sort of a channel or a Wedge
Connecting those two trend lines on the H4 Chart (four-hourly time frame) leads to what can be interpreted as either a Bull Flag on the Daily chart or a Falling Wege on the H4 time frame.
In either case, we can be bullish on the EUR/USD if it breaks above the channel.
Connecting those two trend lines on the H4 Chart (four-hourly time frame) leads to what can be interpreted as either a Bull Flag on the Daily chart or a Falling Wege on the H4 time frame.
In either case, we can be bullish on the EUR/USD if it breaks above the channel.
Trade closed: target reached:
Target Reached. Closed Partial.
