Watch EURUSD For A Break Higher
We will be watching EURUSD for a breakout of this flag to the upside. This is an emerging pattern with high probability. Wait for a close on the 30 minute chart for a close above the top trendline of this flag pattern before initiating a position. Targets of 1.15750, the figure of 1.16000 and 1.16200.
If this pair breaks down through the lower trendline this signal will be null and void.
If this pair breaks down through the lower trendline this signal will be null and void.
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Disclaimer
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.