EURUSD Analysis==>Cup and Handle Pattern==>>Pennant Pattern

2 set 2024

EURUSD is moving near the Support zone($1.105-$1.103) and managed to break the Downtrend line.

If we look at the EURUSD chart from the point of view of Classic Technical Analysis, we will notice two Cup and Handle Pattern and a Bullish Pennant Pattern.

After breaking the neckline, I expect EURUSD to rise to at least the Resistance zone($1.111-$1.109).

Euro/U.S.Dollar Analyze ( EURUSD), 15-minute Time frame ⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

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3 set 2024

Trade attivo

Although the patterns didn't play out well, I'm still bullish on EURUSD for the short term (at least).

3 set 2024

Trade chiuso: stop raggiunto

Stop loss was touched. Maybe EURUSD will go down to $1.10135