Wave-Trader

EURUSD Watch lower time frame correction and Buy

Long
Wave-Trader Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Hi everyone,

EURUSD is struggling at the bottom and forming very nice price action for Trend Reversal. It has broken up the bearish trend with power.

How you can trade on this chart.

1. It is forming correction on lower time frame watch that to complete and buy on breakout.

Or

2. Wait for the price to retest the bottom and buy it from recent bottom.


In case price turns into bearish trend continuation pattern and breakdown and test the previous low then we will buy it from previous low.


Good Luck.

Please support the setup with your likes, comments and by following on TradingView thanks
Comment:
Comment:
Comment:
Comment:
Comment:

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.