Hey tradomaniacs,
EUR/USD has triggered the recently formed double-bottom and could continue upwards to the marked-up zone of the DB-Target.
After that we might see another move down in order to follow the current trend.
This zone would give us a nice entry right at an important volume-cluster and so a great barrier which could form a resistance.
High risk-reward possible with this setup!
What do you think?
EUR/USD has triggered the recently formed double-bottom and could continue upwards to the marked-up zone of the DB-Target.
After that we might see another move down in order to follow the current trend.
This zone would give us a nice entry right at an important volume-cluster and so a great barrier which could form a resistance.
High risk-reward possible with this setup!
What do you think?
Note
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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.
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.