potential for a second bullish leg in line with the trend. This structure suggests a classic 2-leg continuation pattern, with the current pause acting as a base before further upside.
📈 Trade Idea:
Entering a long position after confirmation of consolidation breakout, aiming for the next key resistance around 1.4075.
📊 Entry: ~1.3910
🛑 Stop Loss: Below structure (around 1.3866)
🎯 Take Profit: 1.4075
📐 Structure: Bullish flag / 2-leg pattern
📈 Trade Idea:
Entering a long position after confirmation of consolidation breakout, aiming for the next key resistance around 1.4075.
📊 Entry: ~1.3910
🛑 Stop Loss: Below structure (around 1.3866)
🎯 Take Profit: 1.4075
📐 Structure: Bullish flag / 2-leg pattern
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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.