The scariest part of trading is knowing where the chart pattern would end up!. Probably there ain't any bigshot news about the economy but yep the weekly scenario in July was bullish, henceforth it needs to break up to the level at 130 and make newer heights, let's wait but overall a rising wedge has formed and might take the trend for short.
key...
it's probably an uptrend buy once the retest is done on the trendline or wait for the ema50 retest!
target 1-1.21101
target 2-1.21515
stop loss- 1.20500
EUR/USD has already reached the febs lowest high's support and likely to retest the level at 1.2076 and bounce back! below there's a piles of strong level resistance. opting for a long position as it has already began to form a ascending channel. Fundamentally the US House of Representatives passed President Joe Biden's $1.9 trillion coronavirus relief package...
Hey hi there! im shubham karar, its really nice to publish my ideas here. GBP/USD has been extending its gains after the Bank of England clarified that it is all but abandoning setting negative rates due to this there's high probability of a bullish trend, as you can see a ascending triangle has been formed and its the second confirmation the price is gonna hit...
