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Euro / U.S. Dollar
Long

Trade idea - EURUSD Long

By Pipjager
Updated
4H

Corrective approach towards entry zone.

-68 Fibonacci completion aligning with entry zone.

Bullish M pattern, Bullish Fake Out flag as extra evidence.

= Instant market execution Buy.

1% risk.
Note
3M

Bigger Inverse Head & Shoulders pattern potentially in play.

Bullish M pattern potentially in play.

Clear support & resistance zones are there.

snapshot
Note
WEEKLY

Inverse Head & Shoulders pattern potentially in play.

Clear support & resistance zone is there.

snapshot
Note
DAILY

Bullish impulse: indication.
Still trending down making LLs / LHs.

Potentially, market can find support now.

Inverse Head & Shoulders pattern: confirmation.

Clear support & resistance zone is there.

snapshot
Trade active
Involved.
Trade closed: stop reached
-1% Loss.
Chart PatternsEURUSDeurusdlongForexfxtradingnoindicatorspriceactionanalysissupplyandemandzonessupportandresistancezonestechincalanalysisTrend Analysis
Pipjager

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