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VasilyTrader
Dec 29, 2023 8:58 AM

EURUSD: Structure Based Trade Explained 🇪🇺🇺🇸 Long

EUR/USDOANDA

Description



EURUSD is testing a wide daily horizontal demand area.
The price is currently ranging on an hourly time frame.

A bullish breakout of the resistance of the range - an hourly candle close above
1.1085 - will be your solid bullish confirmation.

A bullish continuation will be anticipated at least to 1.1106 level then.

If the price drops lower, the setup will become invalid.

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Comments
yf45667
Dear we hit the 1.113 do isee this right or chart must be ild chart
VasilyTrader
@yf45667, we didnt sir
VasilyTrader
Wait for a breakout of the resistance of the range,
it will be your strong bullish confirmation
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