EUR/USD Ready for Longs? - Ichimoku Setup
Eur/USD has been ranging sideways for a bit now but is starting to look a little bullish here.
We're close to a bullish kumo twist, we have just a bullish TK cross and price is now holding above tenkan sen so far.
I am looking for a break above this flat kumo I've drawn the yellow line at for my entry.
If we can break above that area then we may get a nice push a bit higher.
I've drawn out some price structure targets to take partial profit at along the way to my overall target.
If we fail to break above my entry line, or if our bullish confirmations change, this setup may become invalidated.
We're close to a bullish kumo twist, we have just a bullish TK cross and price is now holding above tenkan sen so far.
I am looking for a break above this flat kumo I've drawn the yellow line at for my entry.
If we can break above that area then we may get a nice push a bit higher.
I've drawn out some price structure targets to take partial profit at along the way to my overall target.
If we fail to break above my entry line, or if our bullish confirmations change, this setup may become invalidated.
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