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ascending triangle and bullish continuation
Euro / U.S. Dollar
Long
ascending triangle and bullish continuation
By VasilyTrader
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Updated
Mar 18, 2019
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Mar 18, 2019
good morning traders,
eurodollar is still bullish,
and we have a very nice trend continuation pattern to trade today.
the market is approaching 1.134 level while establishing new higher lows.
bullish breakout of this resistance will drive the market even higher,
for the target, I use the pattern range of a triangle.
looking left we see that it perfectly matches with a structure.
good luck!
Mar 18, 2019
Note
bullish breakout
Mar 18, 2019
Note
retest of the triangle support line after a breakout
Mar 19, 2019
Note
retest of the high
Mar 20, 2019
Note
stop to entry for hedging
Mar 20, 2019
Trade closed: target reached
Support and Resistance
Trend Lines
Triangle
VasilyTrader
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