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Euro / U.S. Dollar
Long
Updated

double bottom in a falling channel

1 308
snapshot


hey guys,

looking at euro dollar pair on a daily we see that the market reached a decent support level.
snapshot

on a lower timeframe we see a double bottom in a falling channel.

bullish violation of this local channel gives us an opportunity to catch a pullback to higher resistance levels.

just wait and buy the breakout.

good luck!
Note
Market is still trading in a trading range
Note
bullish violation
Trade closed: stop reached
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Double Top or BottomForexParallel ChannelpatternstructureSupport and Resistance

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Double Top or BottomForexParallel ChannelpatternstructureSupport and Resistance
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

✅ Facebook: facebook.com/VasilyTrading/

⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Also on:

Related publications

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.