EURUSD Long Trade Setup

1 apr 2021

The downward movement could be over, and we can have a pretty big correction. That's why I want to take a long trade. It looks like we have a complete reversal pattern. Now, I'm waiting for a small sideways movement after the break-out to place a pending order. As you can see, there is a chance for a correction under the blue trendline and probably one last drop. If I see it will happen, I will hedge my trade.