MMBTtrader

EURUSD showing strength another pump before fall ?

Long
FX:EURUSD   Euro / U.S. Dollar
AS we can see buyers are more willing to buy and creation of Ascending triangle can show us the opportunity of opening long position now

What we are going to do is this that wait for breakout on triangle and continuation to upside
Target:
A.1.2100

Red path: if triangle completion and breakout to upside broke and we lost support shown by green line then we would expect more fall as we said on previous analysis :
and as you can see we are in channel as we expect

DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
3.and enjoy


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