EUR/KRW Weekly Bullish Flag Pattern – Targeting the Pink Zone
'm observing a bullish flag pattern forming on the weekly chart of EUR/KRW. This continuation pattern indicates the potential for an upward move. The price has consolidated within the flag, and I anticipate a breakout to the upside.
Target: My target is in the pink zone, which I've identified as a key resistance area. I believe this is where the price could move next based on historical price action .
Strategy: If the price reaches the pink zone, it may be a good time to reduce long positions and secure profits. I'll continue monitoring for signs of a breakout and further confirmation of this bullish trend.
Always remember to manage risk and adjust your positions accordingly.
Target: My target is in the pink zone, which I've identified as a key resistance area. I believe this is where the price could move next based on historical price action .
Strategy: If the price reaches the pink zone, it may be a good time to reduce long positions and secure profits. I'll continue monitoring for signs of a breakout and further confirmation of this bullish trend.
Always remember to manage risk and adjust your positions accordingly.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.