EURUSD jumping towards 1.20
#EURUSD (Trade activeđź’ˇ):
*(1D):
The price of this pair is in a general uptrend, which is confirmed by the higher TF structure, as well as the 200 EMA below current price action.
We finally saw a strong breakout to the upside, which we were expecting. This was also confirmed by the last swing high being surpassed, confirming the upwards structure.
*(4H):
Closing in, we can rewiew our entry trigger, which was a broken and retested ascending triangle. Right now, we could see a short retracement back towards the yellow zone (currently risk free with stop loss at BE)
(floating +50 pips in profit)
*(1D):
The price of this pair is in a general uptrend, which is confirmed by the higher TF structure, as well as the 200 EMA below current price action.
We finally saw a strong breakout to the upside, which we were expecting. This was also confirmed by the last swing high being surpassed, confirming the upwards structure.
*(4H):
Closing in, we can rewiew our entry trigger, which was a broken and retested ascending triangle. Right now, we could see a short retracement back towards the yellow zone (currently risk free with stop loss at BE)
(floating +50 pips in profit)
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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.
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.