This is an active trade i have going on. I think that this pair may push up to higher highs pretty soon as long as price pushes out of this triangle shape that it seems to be respecting. The reason why I am expecting this pair to push up is because this pair has had a TK bullish cross on the 1hr level as well as the 4hr level. My entry was at 6.0639, three periods after this pair had its bullish TK cross and it is in profit. What I want price to do is for it to crush the 4hr flat kumo level and break the resistance line of the triangle. Once this happens, I fully expect the USD to go past the $7 level. If these events happen then this pair could also push out of the kumo cloud on the daily level. If price is rejected at the 4hr kumo cloud, setup may still be valid as long as the ascending support line is not broken.
Entry: 6.0639
SL: 5.895
TP1: 6.458
TP2: 6.8
TP3: Past $7 level
Entry: 6.0639
SL: 5.895
TP1: 6.458
TP2: 6.8
TP3: Past $7 level
Trade active