Hi Traders!
We here have a clear market structure.
The market is moving up in a wedge formation.
Now it reaches the daily Trendline, so we have not enough power to break out of the resistance and the trendline.
Our TP-Level is the support at 1.32000
We recommend to sell the breakout until the support at 1.32000!
Thanks and good luck :)!
We here have a clear market structure.
The market is moving up in a wedge formation.
Now it reaches the daily Trendline, so we have not enough power to break out of the resistance and the trendline.
Our TP-Level is the support at 1.32000
We recommend to sell the breakout until the support at 1.32000!
Thanks and good luck :)!