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Euro / U.S. Dollar
Long
Updated

[EUR/USD] Clear 1.15 rejection; possible long opportunity

337
Price is showing a significant rejection really close to the 1.15 level.

This might form up a double bottom in the trading session tomorrow.

What might happen

> Trade opportunity / trend reversal

Note
Price is now really close to the area where it should test in order for this setup to be respected. Let's see what happens in the trading after hours.
Trade active
Price is showing second signs of rejections around that level. Good setup might form up tomorrow
Note
Price going exactly the described way
Trade closed: target reached
snapshot
VanSteenMarketResearch
Also on:
consolidation-breakoutDouble BottomEURUSDLONGSupport and ResistancetechnicaltradesetupTrend Analysistrendreversal

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.
consolidation-breakoutDouble BottomEURUSDLONGSupport and ResistancetechnicaltradesetupTrend Analysistrendreversal
VanSteenMarketResearch
Also on:

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.