Euro / U.S. Dollar

Long

double bottom in a falling channel

By VasilyTrader

Updated

snapshot

hey guys,

looking at euro dollar pair on a daily we see that the market reached a decent support level.

snapshot

on a lower timeframe we see a double bottom in a falling channel.

bullish violation of this local channel gives us an opportunity to catch a pullback to higher resistance levels.

just wait and buy the breakout.

good luck!

Note

Market is still trading in a trading range

Note

bullish violation

Trade closed: stop reached

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