EURUSD | Hidden Bullish Divergence | AB=CD
Updated
EURUSD is currently at a strong support level, and it has tested a highly robust support zone before starting to move upward. Additionally, there is a Hidden Bullish Divergence observed on both the 1-hour and 4-hour timeframes, indicating a potential reversal zone (PRZ). Furthermore, a completed Bullish Harmonic Pattern AB=CD has formed, and this pattern coincides with the PRZ zone.
The EURUSD pair has reached a significant support level and has shown signs of a potential bullish reversal with the presence of Hidden Bullish Divergence on both the 1-hour and 4-hour timeframes. Moreover, the completion of the Bullish Harmonic Pattern AB=CD at the same PRZ zone further reinforces the possibility of an upcoming bullish price movement.
However, it's important to exercise caution and conduct further research and analysis to confirm the validity of these indications before making any trading decisions. Market conditions can change rapidly, so staying informed and considering multiple factors is crucial for successful trading.
The EURUSD pair has reached a significant support level and has shown signs of a potential bullish reversal with the presence of Hidden Bullish Divergence on both the 1-hour and 4-hour timeframes. Moreover, the completion of the Bullish Harmonic Pattern AB=CD at the same PRZ zone further reinforces the possibility of an upcoming bullish price movement.
However, it's important to exercise caution and conduct further research and analysis to confirm the validity of these indications before making any trading decisions. Market conditions can change rapidly, so staying informed and considering multiple factors is crucial for successful trading.
Trade closed: target reached
TP 1: HitTrade closed: target reached
TP 2 : HitTrade closed: target reached
TP 3 already hit enjoy
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