Hello Traders,
Currently on EURUSD we have a descending trend line. I believe that this will be broken based on the double bottom which I've marked in red.
We will need to wait for price to break the trend line before we can look to enter a buy position however this is a nice setup to watch and monitor in case we do.
Thanks all,
Currently on EURUSD we have a descending trend line. I believe that this will be broken based on the double bottom which I've marked in red.
We will need to wait for price to break the trend line before we can look to enter a buy position however this is a nice setup to watch and monitor in case we do.
Thanks all,