📈 Master the Bullish Trend: Earn Income with Effective Trading

📈 The Euro dollar has shifted from a bearish to a bullish trend. On the weekly chart, we can see a violation of the previous resistance, indicating the overall trend is now bullish. However, this doesn't mean you can't consider shorting opportunities, just be more conservative with your targets.

🔍 Moving to the daily chart, the bullish trend is evident, and the RSI near the bottom signals a potential buying opportunity soon as the market is oversold. On the 4-hour chart, those trained in reading patterns might spot some opportunities right away.

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💼 My analysis: On the weekly chart, while we're in a bullish trend, the resistance level at 1.1232 suggests both buying and selling opportunities. For a shorting opportunity, I'll wait for a counter trend or confirmation pattern at that level.

📅 On the daily chart, you can look for simple candlestick confirmation to buy at the current level (1.0974). On the 4-hour chart, a secure buying opportunity awaits with candlestick confirmation on the D price completion of the bullish bat pattern. The first target will be conservative, and I'll shift my stops to entry for a risk-free trade.

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