Price has reached the resistance area with a 1 explosive bullish candle going into the zone and another strong bullish candle breaking the zone. Suggesting bulls is in play. Go LONG if candle close above resistance zone. Candle also breaks ema200 in the daily chart. Confluence checklist 1. Price breaks resistance area 2. Strong bullish candles breaking zones 3....
Price at daily time frame resistance and in 4 hours chart a raising wedge. Price already rejected from resistance, waiting for next candle to close below wedge, to go short.
Eurusd reaching resistance in daily and raising wedge formed on 4 hours. Short on breakout of trendline