EURUSD resistance line and triangle
There is a strong resistance line at 1,23497. The price couldn't break that line, but also turned back on timeframe H1. The chart is still in the triangle. Indicators are in overbought area, and it shows that, a correction is coming.
If this correction will not be strong, and the price breaks the resistance line at 1,23497 we can open long positions.
If the correction will be huge, we should not open long positions because we have to wait for a thrustworthy signal.
I will update this idea if I open any position.
Follow me for new ideas:)
If this correction will not be strong, and the price breaks the resistance line at 1,23497 we can open long positions.
If the correction will be huge, we should not open long positions because we have to wait for a thrustworthy signal.
I will update this idea if I open any position.
Follow me for new ideas:)
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