Hey traders,
EURUSD is currently testing strong daily structure support.
For now, the market still looks bearish,
so it's quite risky to buy based on a current perspective.
The confirmation that I am looking for is a bullish breakout of a falling wedge pattern on 4H.
We need a 4H candle close above its resistance to buy.
Targets will be:
1.2065
1.2105
In case if the price violates an underlined yellow zone to the downside,
our setup will be invalid.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.