EURUSD Hour Chart 2618
EURUSD created a double bottom after a success run in the previous idea and in addition the 200MA is holding at the moment,
Price has broken the neckline and validates the Double bottom 61.8% fib pattern.
Strategy: 2618
Enter @ 61.8% and exit next horizontal resistance. [Aggressive entry]
For conservative entry, wait for price action reversal candle and enter
Price has broken the neckline and validates the Double bottom 61.8% fib pattern.
Strategy: 2618
Enter @ 61.8% and exit next horizontal resistance. [Aggressive entry]
For conservative entry, wait for price action reversal candle and enter
Note
For aggressive entry: Stop reachConservative entry: Trade cancelled
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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.
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.