EU presents another opportunity to go long, OR SHORT. Triangle could breakout in either direction, but since i've been scaing in on EU buys for over 2 weeks now, i'll hope the market presents buying opportunities
Price has created a channel, and there's an obvious uptrend. A series of higher highs and higher lows have been formed. Price is at a Higher Low and at the trendline. To complete the confluence is the little resistance zone formed there. I expect price to continue upwards to the higher resistance zone.
General Bias is to buy in an uptrend, so I'll love to wait for a retest of the resistance zone below as support before taking a buy. Price could as well continue upwards to break the resistance zone above without a retest.