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RaynLim

Bullish Trend Perspective

Long
Euro / U.S. Dollar (FX:EURUSD)  
RaynLim  
FX:EURUSD   Euro / U.S. Dollar
Bat Trend Analysis Supply and Demand askforex100 EURUSD trendtrading Demand Zone Bullish Bat chartpatterntrading Contains IO script
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batpattern trendanalysis supplyanddemand askforex100 eurusd trendtrading demandzone bullishbat chartpatterntrading containsioscript

  • Weekly analysis indicates a sustained bullish trend for EURUSD.

Trading Strategy:

  • Monitoring the 1-hourly chart for a potential Bullish Bat Pattern with an entry point at 1.0533.

Cautionary Note:

  • It's crucial to observe that point C touches point A in the formation of the Bat Pattern. This warrants caution and prevents me from placing a pending order to engage the trade.

Remember to conduct your own due diligence and manage risks appropriately. Happy Trading!
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