Lingrid | EURUSD Higher Closes. Possible long from SUPPORT level

The price perfectly fulfilled my previous idea. It reached the target zone. EURUSD broke and fixed above the previous resistance on breaking through the range. The market made a new extension upward. If the price makes a pullback toward the previous level of support, most likely it will bounce off it because the market made a higher close on the 4H timeframe. The price will most probably form a triangle pattern and then move towards the next resistance. Although upcoming news may change the direction in any way. My goal is the resistance at 1.08290 from the support.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

Trade chiuso: obiettivo raggiunto:

The price hit the TP level