EURUSD Loong?

The market is at a key resistance level right now. (4H timeframe)

Dropping down to lower timeframes (1H-15M) we can see continuation pattern (Wedge) forming after the previous bullish run.

Not just that, if you look closely, we just formed an Inverted Head & Shoulders pattern right at the top of the wedge.

Therefore adding another confirmation for a possible bullish run.


P.S. This is just an idea, do not take this trade blindly.

Feel free to comment if you want to discuss more about this pair.


P.P.S. Yes, I'm currently on long (same trade as the one in the chart).
Chart PatternsEURUSDeurusdideaeurusdlongTrend Analysis

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