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Euro / U.S. Dollar
Long

EURUSD prepare to BUY

By VasilyTrader
Updated
snapshot

Market is trading inside 1.116-1.112 trading range.
Multiple rejection candles, oversold rsi with divergence
+ significant level of structure support looking left give an indication of bulls exhaustion.
Before it continues lower it needs to correct itself.

For confirmation buy the breakout of a trading range.
Targets based on structure.

T1 - 1.120
T2 - 1.124

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Note
Let the 4 hour candle close above the structure
Note
Market closed inside the trading range
chartChart PatternsdollarForexforexsignalsforextradingTechnical IndicatorspatternTechnical AnalysisTrend AnalysisUSD
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