Trade Background:
Price is testing key resistance level of a broadening triangle structure. Look for a bullish reversal to test the topside of the triangle trend.
Trade Idea:
Positioning: Long
Time frame: 1H
Length of Trade: 1 day to 1 week
Entry: Between 1.11200 - 1.11300
Stop: 1.11000
Exit: 1.11600
Price is testing key resistance level of a broadening triangle structure. Look for a bullish reversal to test the topside of the triangle trend.
Trade Idea:
Positioning: Long
Time frame: 1H
Length of Trade: 1 day to 1 week
Entry: Between 1.11200 - 1.11300
Stop: 1.11000
Exit: 1.11600