EURUSD - LONG

2 thg 9, 2019

Higher weekly time frame we identify a bullish flag pattern after an impulse from its third touch confirmation. Zooming into the lower time frame we can see a bearish descending channel approaching its third touch confirmation. Further looking into the 4hr we can see a bullish flag pattern within the descending channel so perhaps we need to be ready for a potential false break-out in the market to touch its third touch trend line on the bullish 4hr flag pattern before a Long position towards the upside.