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EUR/USD Price Action Analysis | A Possible Trend Reversal

Long
Euro / U.S. Dollar (FX:EURUSD)  
CompositeTrader Updated   
FX:EURUSD   Euro / U.S. Dollar
Chart Patterns Technical Indicators Trend Analysis EURUSD EUR USD euro dollar eurodollar eurousd Forex fx
30
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chartpattern indicator trendanalysis eurusd eur usd euro dollar eurodollar eurousd forex fx
‪Euro is finally showing a proper strength against Dollar. It broke out the Trading Range with a strong momentum and a decent volume. The retracement should visit the Demand OB first and then, the upward movement to the Supply OB shall continue.‬

Entry: 1.106
SL: 1.098
TP-1: 1.118
TP-2: 1.124
R/R: 2.25

‪Please let me know if you have any suggestions or any ideas to add. I can also give you more detailed explanation for this specific trade setup.‬


‪The ideas published here are not financial advices. ‬
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