EURUSD long trend line, break of structure, head and shoulders.

27 בפבר׳ 2021

I have just spotted a bigger trend line on EURUSD, this to me confirms my analysis on EU being long. I would say swing trade EU up to 1.35. Why? Well it has broken up wards from a trend line and basic knowledge on charts would say it will reach 1.235 since that is the last time EU touched the trend line. However we should have 2TPs 1) 1.225 2) 1.235. The fibonacci matches up W 1.225 which is also the top of a mini trend line. Also we do have a break of structure on the daily for long. Play EU by ear and do wat u have to do. This is just my analysis. And also, we do have a inverted Head and Shoulders pattern on the daily which also gives strength to my long trade. Good luck 💪.