Two-way setups are always safe in a triangle pattern.
From the 4H chart, EUR/USD is most likely going upward with a strong up-trend line and the 4H support zone to support.
From the D chart, Tenkan-sen & Kijun-sen crossover occurred on a week ago.
Comparing an 4H and a D chart side by side, we know a bigger picture that EUR/USD has to breakout the 2015 & 2016 Strong Resistance levels (1.1463 & 1.1423 respectively) in a longer run.
Two-way setups atm 1.1394 bidding price
SHORT: 5-10 pips below lowest price of A & B in 4H Chart, Target 1.1325
LONG: 5-10 pips above point 3 (blue) in 4H Chart, Target 2015 Strong Resistance 1.1460
From the D chart, Tenkan-sen & Kijun-sen crossover occurred on a week ago.
Comparing an 4H and a D chart side by side, we know a bigger picture that EUR/USD has to breakout the 2015 & 2016 Strong Resistance levels (1.1463 & 1.1423 respectively) in a longer run.
Two-way setups atm 1.1394 bidding price
SHORT: 5-10 pips below lowest price of A & B in 4H Chart, Target 1.1325
LONG: 5-10 pips above point 3 (blue) in 4H Chart, Target 2015 Strong Resistance 1.1460
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