EURUSD- The bulls takes over the market.
Just at the last minutes, the double has been spotted on the 4hours time frame of EURUSD. The price is still looking to break through the horizontal resistance. The double bottom spotted here is called ADAM ans EVE, because it has a sharp curved bottom and a rounded bottom. Traders are advised to wait for a valid breakout from the horizontal resistance before opening a long position.
Breakout level: $1.11012
Resistance 1: $1.11199
Resistance 2: $1.11471
Resistance 3: $1.11756
Good luck to everyone! Click the follow button to stay tuned for more trading ideas! Like the idea? Hit the like button!
Ideas published should not be referred to as an investment advice.
The above mentioned currency can be traded on primexbt.com
Breakout level: $1.11012
Resistance 1: $1.11199
Resistance 2: $1.11471
Resistance 3: $1.11756
Good luck to everyone! Click the follow button to stay tuned for more trading ideas! Like the idea? Hit the like button!
Ideas published should not be referred to as an investment advice.
The above mentioned currency can be traded on primexbt.com
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.