Hi Traders,
the market was in a very strong uptrend.
The resistance level was at around 1.11800.
Then the market broke out and is now in a consolidation area.
It is still possible that the breakout is just a false break and it could return back into the triangle!
We have to wait for a proper break of the consolidation
or for a retest.
The SHS makes the potential break even more powerful.
We recommend to sell the market at the area and neckline break.
Thanks and good luck :)!
the market was in a very strong uptrend.
The resistance level was at around 1.11800.
Then the market broke out and is now in a consolidation area.
It is still possible that the breakout is just a false break and it could return back into the triangle!
We have to wait for a proper break of the consolidation
or for a retest.
The SHS makes the potential break even more powerful.
We recommend to sell the market at the area and neckline break.
Thanks and good luck :)!
Nota
Perfect TARGET!!+66 pips!
Thanks and Keep Liking :)
Operación cerrada: objetivo alcanzado
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.