H4 time frame.
The short-term downtrend structure was broken when the price increased strongly and formed a symmetrical triangle consolidation pattern on the key level.
Price just broke out of this triangle consolidation pattern. Here, you can wait for a buy setup with a 1-hour time frame to trigger.
The profit target is the old resistance zone at 0.86600.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
The short-term downtrend structure was broken when the price increased strongly and formed a symmetrical triangle consolidation pattern on the key level.
Price just broke out of this triangle consolidation pattern. Here, you can wait for a buy setup with a 1-hour time frame to trigger.
The profit target is the old resistance zone at 0.86600.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: www.youtube.com/c/TradaFXForexTrading
❤
Facebook: www.facebook.com/tradafx
Instagram: www.instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: www.youtube.com/c/TradaFXForexTrading
❤
Facebook: www.facebook.com/tradafx
Instagram: www.instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1