UnknownUnicorn3817558

EUR/USD _ 2nd week of Feb 2021

Long
FX:EURUSD   Euro / Dollaro
The price indicate a bullish momentum from:

1. Weekly TF = The long wick candle rejecting the support trendline marked at this TF

2. Daily TF = Bullish engulfing candlestick was formed right away after rejecting the previous support area

3. 4H TF = Waiting for break of the resistant trendline i marked at this TF. My entry position would be at the breakout of the trendline with price break above the 50ema

* its best to look for the price action before we take any position with proper RR and lot sizes. The chart is solely based on my observation from a technical perspectives. Any news or fundamental impacting the movement of market is beyond of my comprehension
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