price is currently in a bullish trend, this can be seen from the weekly TF.
we have a break and close above weekly res. 1.32940
short consolidation period on the daily, price broke out of consolidation zone and is currently retesting prev daily res.
a flag pattern can be identified on the 4H TF
price is expected to rise to and surpass the current HH at 1.36600 or atleast bounce off this level
I personally took an aggressive entry at 1.34490 with a tight SL
we have a break and close above weekly res. 1.32940
short consolidation period on the daily, price broke out of consolidation zone and is currently retesting prev daily res.
a flag pattern can be identified on the 4H TF
price is expected to rise to and surpass the current HH at 1.36600 or atleast bounce off this level
I personally took an aggressive entry at 1.34490 with a tight SL