I was warning you for many weeks that 6-years-low is ahead on EURUSD. Being very oversold, the market would definitely bounce from that.
Once the underlined structure was reached, I spotted a double bottom formation on 4H time frame as a confirmation. Bullish breakout of a neckline was a perfect trigger to initiate buying.
Then the market bounced nicely and it looks like it may even go higher.
Did you catch this move?
❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.