📈 EUR/USD – Double Bottom Reversal & Breakout Confirmation
EURUSD
EUR/USD has potentially reversed its downtrend, forming a strong Double Bottom pattern at the lows. Price has broken above the neckline, signaling bullish momentum and confirming the reversal.
This breakout also aligns with multiple bullish confluences:
✅ Breakout above the 200 EMA
✅ Breakout of descending trendline
✅ Breakout of a key resistance zone
✅ Fair Value Gap (FVG) & Order Block Alignment
After the breakout, price is now pulling back into the retracement zone, where a Fair Value Gap and bullish Order Block await. This area is key for possible long entries, especially if a strong bullish candle forms.
🎯 Technical Target Levels:
- 1.1745 – First resistance zone
- 1.1810 – Extended bullish target
If the order block holds, bulls are likely to drive price higher into these key resistance levels.
🚨 This is not financial advice. Always use proper risk management.
💬 Like, comment & follow for clean Smart Money-based setups. Your support helps this trading community thrive!
EURUSD EUR/USD has potentially reversed its downtrend, forming a strong Double Bottom pattern at the lows. Price has broken above the neckline, signaling bullish momentum and confirming the reversal.
This breakout also aligns with multiple bullish confluences:
✅ Breakout above the 200 EMA
✅ Breakout of descending trendline
✅ Breakout of a key resistance zone
✅ Fair Value Gap (FVG) & Order Block Alignment
After the breakout, price is now pulling back into the retracement zone, where a Fair Value Gap and bullish Order Block await. This area is key for possible long entries, especially if a strong bullish candle forms.
🎯 Technical Target Levels:
- 1.1745 – First resistance zone
- 1.1810 – Extended bullish target
If the order block holds, bulls are likely to drive price higher into these key resistance levels.
🚨 This is not financial advice. Always use proper risk management.
💬 Like, comment & follow for clean Smart Money-based setups. Your support helps this trading community thrive!
Trade active
EUR/USD broke out from our marked level, and our buy trade was activated right at the breakout zone. Since then, price has taken off strongly and has already reached our first target area.📍 Entry: At breakout level (as planned)
🎯 Target 1: Hit
🚀 Momentum: Bullish and building
🔥 Great execution team — patience and planning paid off again. Let’s lock in profits and trail for extended targets if the trend continues.
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💲𝗙𝗢𝗥𝗘𝗫 < 𝗚𝗢𝗟𝗗 > ₿ 𝗕𝗧𝗖 || Real Trades, Real Results 🧿 || 🚨 VIP Signals {My Personal Entries} 🔗Join Telegram – Trade smarter. t.me/DollarsMagnet1
Premium Channel For Gold Trading.
t.me/iTradeDollar
Premium Channel For Gold Trading.
t.me/iTradeDollar
Related publications
Disclaimer
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.