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Euro / U.S. Dollar
Long
Updated

LONG EURUSD: Structure based trade

1 614
snapshot

Euro dollar is approaching major structure support.
Rejection candle indicates strong bullish pressure around this area.
Oversold rsi with divergence shows bear exhaustion.

Wait and buy bullish breakout of a falling channel.

Initial target 1.125

Note
Retest of support.
Again rejection + rsi divergence
snapshot
Order cancelled
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Chart PatternsdollareuroEURUSDforecastForexforexsignalsforextradingTechnical IndicatorsLONGTechnical AnalysisTrend Analysis

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Chart PatternsdollareuroEURUSDforecastForexforexsignalsforextradingTechnical IndicatorsLONGTechnical AnalysisTrend Analysis
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❗️YouTube Channel youtube.com/c/VasilyTrader

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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.