I'm taking a long position in EUR/USD because of the uptrend on the 1H and 4H timeframes, and it's breaking its resistance with strong bullish momentum. Previously, the upper channel was broken, but the candle didn't close above the resistance, so the price pulled back to the same resistance after retesting the upper channel of the trendline before breaking the resistance again
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.