Here's my idea on the EURUSD pair should we see a break to the upside on the descending channel/ pennant on higher time frames.
* from the weekly chart on the pair it broke out of a descending channel and pushed up consolidating in a pennant formation which may signal continuation to the upside. * on the daily chart waiting for a break above the descending channel / pennant targeting resistance level 1.15911 swing. * if the descending channel holds the trading plan changes but for now looking for a break above as most time frames are signalling bulls favor.
If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
コメント
⋅
EUR DAILY
コメント
⋅
EURUSD WEEKLY
トレード稼働中
⋅
トレード稼働中
⋅
broke above structure now a significant move to the upside has launched this is the trigger for the signal.