Lingrid

Lingrid | EURUSD Cotraction Expansion 

Long
FX:EURUSD   Euro / U.S. Dollar
The price perfectly fulfilled my last idea. The market took off and hit the target. It is ranging after the breakout of the resistance zone. The price is basically squeezed, forming a triangle pattern. Price action made higher lows, showing bullish pressure on the key resistance at 1.09000. I think the market will grab liquidity below this level and move upward. If the price tests a support level, then most likely the market will rebound from it and upward trendline because we have an upward trend and a strong previous daily close. My goal is the resistance at 1.09262


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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