EURUSD - Technical Analysis [Long Setup]
EURUSD
The current trend is bearish but a bullish divergence exists on the RSI indicator. Also, double double-bottom bullish reversal pattern is formed. Let's wait for confirmation. If it breaks lower high then we are in a bullish trend.
Trade Plan
The current trend is bearish but a bullish divergence exists on the RSI indicator. Also, double double-bottom bullish reversal pattern is formed. Let's wait for confirmation. If it breaks lower high then we are in a bullish trend.
Trade Plan
- Entry Level = 1.10551
- Stop Loss = 1.10302
- TP1 = 1.108
- TP2 = 1.1105
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