ALPHA_CHART

EURUSD potential LONG from support zone

Panjang
FX:EURUSD   Euro / Dolar A.S.
As we can see, the market is currently forming a clear triangle pattern, which is a trend continuation pattern. Given the bullish rally we experienced beforehand, it makes sense to anticipate the market moving higher. On the daily timeframe, we see a long-tailed candle that took out liquidity at Thursday's lows. I think this could lead to a test of the support level, with the potential for an upward move if the price rejects the support. In this scenario, I expect a fake breakout candlestick pattern at the support level and upward trendline as buying confirmation. My goal is the resistance at 1.09230
Penafian

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