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Euro / U.S. Dollar
Long

EURUSD: A Bullish Outlook

By Atan_235
Analyzing the market reveals a robust support at 1.08800, complemented by a well-defined trendline and a promising bullish chart pattern when observing higher timeframes. To execute our strategy, confirmation is key. Look for these signals before entering:

Signals to Buy:

  1. Retest of OrderBlock: Ensure a solid retest for confirmation.
  2. Rejection of Trendline: A clear rejection at the trendline strengthens our position.
  3. Rejection of VWAP: Watch for a convincing bounce off the VWAP.
  4. High Volume Bearish Candle: Confirm with the presence of a high-volume bearish candle.
Chart PatternsTrend Analysis
Atan_235

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