Ascending channel - bouncing of resistance
Breakout of Channel
Bouncing off a ascending channel line
if the candle breaks through the descending triangle to the upside it
most likely will retest the trend line then drop otherwise if it breaks though the box on the downside it will be a SELL
Currently in a descending channel and on a strong support level on daily time frame expecting a BUY! Looking at 1 HR time frame waiting to find an entry to BUY. if it doesn't break to the upside then it could be a continuation to the downside.
EURUSD - Currently in a bullish market looking for a retracement to enter and continue up to the upside