Black FridayFino al 70% in meno
Euro / Dollaro
Long

EURUSD Watch for bullish Reversal

Di jojofang0901
Aggiornato


Hi everyone:

From my previous EU analysis, price formed a falling wedge, broke out but failed to continue higher.

However, now the price has evolve its structure into a descending channel, and hit a previous lows for a potential double bottom reversal.

Latest lower time frame has also good bullish reversal price action, smaller descending channel follow by bullish impulse up.

Be on the look out for further LTF continuation correction to reverse the price up and start the next bullish move.

istantanea

Thank you
Nota
Expect a bullish continuation correction
to develop here next week
to push up the price further
istantanea
Nota
istantanea
Nota
Just got tagged out for both positions for total of 7.9% profit.
istantanea
Chart PatternscorrectionEURFlagimpulseParallel ChannelpatternpriceactionstructureUSD
jojofang0901
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