EURUSD - Ascending Wedge - Next Swing High
Hi Traders,
The market is moving in a clear market structure.
We have an overall uptrend with higher highs and higher lows.
The market is now at the bottom of the wedge and we're expecting a swing high.
Our target is at the next resistance, where more sellers could come in.
The TP is at 100 pips and the SL at 32 pips.
We recommend to buy the market after a confirmation with a risk-to-reward ratio of 1 to 3.
Thanks and good luck :)!
The market is moving in a clear market structure.
We have an overall uptrend with higher highs and higher lows.
The market is now at the bottom of the wedge and we're expecting a swing high.
Our target is at the next resistance, where more sellers could come in.
The TP is at 100 pips and the SL at 32 pips.
We recommend to buy the market after a confirmation with a risk-to-reward ratio of 1 to 3.
Thanks and good luck :)!
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