Trade Idea " EUR/USD " Long Setup by ThinkingAntsOk
Main items we can see on the 4HS chart
a) Price has broken a major descending channel
b)After the breakout, the price found resistance at 1.140
c)Currently, the price is on a consolidation wave, between the resistance level and a Support/Resistance zone at 1.135
Based on this we will wait for the formation of a corrective structure on this area, and then we will look for a breakout, we expect a continuation of the bullish movement towards 1.15
MULTI TIMEFRAME VISION
-Daily
-Weekly
a) Price has broken a major descending channel
b)After the breakout, the price found resistance at 1.140
c)Currently, the price is on a consolidation wave, between the resistance level and a Support/Resistance zone at 1.135
Based on this we will wait for the formation of a corrective structure on this area, and then we will look for a breakout, we expect a continuation of the bullish movement towards 1.15
MULTI TIMEFRAME VISION
-Daily
-Weekly
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