EUR/USD Daily: Buy Opportunity Forming
Hi guys, the EUR/USD pair is completing a correction to the 61.8% Fib level on the daily chart, suggesting that the recently formed uptrend may continue.
The price has also formed a bullish wedge pattern with an indecisive candlestick during yesterday's trade and a bullish candle in today's trade.
My buy trigger is an upside break of the wedge pattern, with an intermediary profit target near the recent highs (around 1.14).
Please take a second and hit the "LIKE" button to support our work. Thanks!
The price has also formed a bullish wedge pattern with an indecisive candlestick during yesterday's trade and a bullish candle in today's trade.
My buy trigger is an upside break of the wedge pattern, with an intermediary profit target near the recent highs (around 1.14).
Please take a second and hit the "LIKE" button to support our work. Thanks!
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.