EURUSD TREND-FOLLOWING
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
EURUSD, QUICK UPDATE
As we can see price is still overall bearish trading inside this rising broadening wedge pattern.
Moreover, Price is trading again lower, especially after breaking above our resistance, so, we are now interested in looking for new longs instead as this zone is now acting as a support.
So, for now, as the price will trading a little more lower to be approaching our lower rising trendline, we will be looking for any bullish reversal pattern on lower time frame like a trendline break or double bottom pattern...
Unless price managed to be trading again higher till the upper supply zone, then we will be looking for new bearish correction movements.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
EURUSD, QUICK UPDATE
As we can see price is still overall bearish trading inside this rising broadening wedge pattern.
Moreover, Price is trading again lower, especially after breaking above our resistance, so, we are now interested in looking for new longs instead as this zone is now acting as a support.
So, for now, as the price will trading a little more lower to be approaching our lower rising trendline, we will be looking for any bullish reversal pattern on lower time frame like a trendline break or double bottom pattern...
Unless price managed to be trading again higher till the upper supply zone, then we will be looking for new bearish correction movements.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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