as we can see here on the EUR/USD
chart, the EUR has been trading strongly against the dollar, due to its weakness with all of the president trump news. previously price was trading in an upward trend between an upwards resistance and support trend line
. in the trending area, after the first triangle price then rocketed to the upside very strongly passing various resistance levels and now has potentially just broken out from a major resistance trend line
. even though it's a small break, due to the nature of this strong trend, it highly indicates that this new movement to the upside will be continued. so from here, we should be looking for a retest of the trend line
to show confirmation of structure, so then see more upward momentum. so with use to candle confirmation, we should wait for the correct moment to place a buy.