EURUSD Hour Chart 2618
Updated
EURUSD created a double bottom after a success run in the previous idea and in addition the 200MA is holding at the moment,
Price has broken the neckline and validates the Double bottom 61.8% fib pattern.
Strategy: 2618
Enter @ 61.8% and exit next horizontal resistance. [Aggressive entry]
For conservative entry, wait for price action reversal candle and enter
Price has broken the neckline and validates the Double bottom 61.8% fib pattern.
Strategy: 2618
Enter @ 61.8% and exit next horizontal resistance. [Aggressive entry]
For conservative entry, wait for price action reversal candle and enter
Note
For aggressive entry: Stop reachConservative entry: Trade cancelled
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