Here we see EURUSD is quite bullish. I will be watching this pair for a breakout to the upside from the ascending triangle. If you are planning on trading this idea as well, you should watch for the upside breakout and find a logical area for your SL. My first target will be 1.2600 and second target will be 1.2660 at approximately the top of the daily trend line resistance.
First Target: 1.2600
Second Target: 1.2660
First Target: 1.2600
Second Target: 1.2660
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.