TradingView
DeGRAM
May 18, 2023 8:38 AM

DeGRAM | EURUSD double bottom at the support level Long

Euro Fx/U.S. DollarFXCM

Description

EURUSD is approaching major support at 1.08000.

Price created a double-bottom indication that bears are running out of steam .

Notice price action making a consolidation zone, which indicates market deceleration on the 4 hourly chart.

We anticipate a bullish move from the support.


-------------------

Share your opinion in the comments and support the idea with like. Thanks for your support!
Comments
gouthamkulal1
my opinion is still bearish.
DeGRAM
Good luck in the markets and have a great one!
ArmanShabanTrading
Well done
FOREXN1
Price may have a pullback . Actually we are Short
More