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MMBTtrader
Apr 5, 2021 5:52 AM

EURUSD double bottom created and soon will continue to rise Β Long

Euro Fx/U.S. DollarFXCM

Description

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We expected that double bottom formed near strong support of green trendline :


and that double bottom formed and now we are looking for continuation of rise now .

entry point would be the Fibonacci retracement levels as shown with green path and targets shown on chart too .

Targets:
A. 1.1780
B. 1.1805
C. 1.1836(+95pips)

DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press likeπŸ‘ if you enjoyπŸ’š>>

Comment

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our signal still is waiting for target or stop loss to reach

Trade closed: target reached

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first target reached after touching our entry zone
Comments
AIRFOREXONE_
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great work bro thanks for sharing
MMBTtrader
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@airforexoneJAVIER, thanks dear
FieryTrading
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Great work!
MMBTtrader
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@FieryTrading, thanks a lot dear
Serana2324
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Similar thoughts....all the best!
MMBTtrader
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@Serana2324, most welcome and thanks madam
financialflagship
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Great explanation as per usual. Thanks mate! πŸ™Œ
MMBTtrader
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@financialflagship, most welcome dear
Babenski
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nice trade
MMBTtrader
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@Babenski, thanks bro
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