silkties

EUR/USD 4HR TREND LINE BREAK

OANDA:EURUSD   Euro / U.S. Dollar
4


EUR/USD has Approached a Key Price Range on the 4 Hour Chart While Responding the the Upper Trendline.
If It Continues and Breaks above the 4hr Resistance Line Then I expect it to Continue on an uptrend until the next major price range on the Daily Chart. If it respects the Resistance Line and Breaks thru the Trendline, then I expect the Trend to Fall back to the Previous 4hr major price range. To confirm the Trade is in its activating stages...Wait for the retrace or pullback before entering trade.
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