DrSwing_Forex

EURUSD (4Hour): Anticipating a bullish weekโœ…

Long
OANDA:EURUSD   Euro / U.S. Dollar
Hello fellow traders, please take a moment of your time to view this idea, thank you.

Chart Breakdown:๐Ÿ“‰๐Ÿ“ˆ
  • Daily Timeframe:
    We have an uptrend on this timeframe making it bullish for the next days to come.
    We also have a strong upward trendline in support of this uptrend.

  • 4 Hour Timeframe:
    We also have a bullish trend on this timeframe together with a bullish (BUY) setup on the upward trendline.
    Take profit is at the resistance level indicated by the arrow should you mange to get in.

  • 1 Hour Timeframe:
    This timeframe is the only timeframe opposing the current bullish setup as we have a downtrend on this timeframe.


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