I have the EURUSD at this point going bullish.
Ultimate TPs 1.1550...definitely at least to 1.14350.
1. We're seeing a significant breakout to the upside on the symmetrical triangle, and retesting at the prior support turned resistance.
2. Fundamentally, you have all you can ask for, for a bullish run to the upside.
3. Break of structure to the upside on significant time frames such as the 4H and Daily.
4. We're seeing a triple bottom on the Daily indicating a good setup for an expansion northwards.
5. A possible Wyckoff acumulation #2 scheme playing out.
6. Seasonality maintains that EU go bullish this time of year, and conversely the USD go bearish.
7. Have you seen the DXY? Sometimes charts look better inverted and the DXY (opposite of EU) appears to be hanging by a thread from a bearish plunge.
This is not financial advice. Trade at your own risk. Good luck.
Like and comment if you got value out of this!
Ultimate TPs 1.1550...definitely at least to 1.14350.
1. We're seeing a significant breakout to the upside on the symmetrical triangle, and retesting at the prior support turned resistance.
2. Fundamentally, you have all you can ask for, for a bullish run to the upside.
3. Break of structure to the upside on significant time frames such as the 4H and Daily.
4. We're seeing a triple bottom on the Daily indicating a good setup for an expansion northwards.
5. A possible Wyckoff acumulation #2 scheme playing out.
6. Seasonality maintains that EU go bullish this time of year, and conversely the USD go bearish.
7. Have you seen the DXY? Sometimes charts look better inverted and the DXY (opposite of EU) appears to be hanging by a thread from a bearish plunge.
This is not financial advice. Trade at your own risk. Good luck.
Like and comment if you got value out of this!