EUR/USD About to start a Bullish Move
🔸DAILY CHART EXPLANATION:
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🔸Price broke the Descending Trendline and did a strong upside move.
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🔸At the Resistance Zone, it began a corrective move (where we are now). We can observe that the Descending Trendline of the correction has been broken.
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🔸We consider that the bullish target is the next Resistance Zone at 1.25000.
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🔸 We are waiting for a little push to the upside to take a long trade. Our stop loss will be placed below the Structure and the Target at the previously mentioned level.
.
.
🔸Price broke the Descending Trendline and did a strong upside move.
.
🔸At the Resistance Zone, it began a corrective move (where we are now). We can observe that the Descending Trendline of the correction has been broken.
.
🔸We consider that the bullish target is the next Resistance Zone at 1.25000.
.
🔸 We are waiting for a little push to the upside to take a long trade. Our stop loss will be placed below the Structure and the Target at the previously mentioned level.
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