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Rhandrey

EUR USD M Buy setup

Long
Euro / U.S. Dollar (FX:EURUSD)  
Rhandrey Updated   
FX:EURUSD   Euro / U.S. Dollar
Chart Patterns
1
0
chartpattern
Monthly

Bigger picture: Bull Flag
Last move: Up trend, 3 legs up
Recent move: 2 legs down, EMA, forming A2
Triangle region, LTB acting as resistance and EMA acting as support
Ok buy setup, TP inside triangle region
Comment:
Moreover, a reversal up on the monthly chart would be from a parabolic wedge bull flag that began with the February high. The odds would favor at least a couple legs up and last about a year.
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