EURUSD Analysis

FX:EURUSD   Euro / U.S. Dollar
EU is consolidating forming a flag pattern after the big move followed by the rejection at the key support zone .
While at the same time it is now constantly getting rejected at the H&S neckline.

I have the marked the trade idea as a "Buy Signal" because the pair is still absorbing the supply with good momentum.
However, I would be trading in whichever direction the price breaks out.

The Rectangle box can be used for Breakout and SL.
TPs marked on the chart.

Here is how the daily chart looks:

Please do let me know your thoughts.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out