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EURUSD 2H long: Bullish CCIDivergence below TD Supply Line

Long
OANDA:EURUSD   Euro / U.S. Dollar
There is a Bullish Divergence of Price versus CCI below a TD Supply Line (based on Level 3 TD Points) on the EURUSD 2H Chart.
The Bullish Divergence indicates a possible Trend-Reversal. So chances are high, that if Price crosses the Supply Line, we will see a bigger Movement to the upside. If this Setup for for a Buy/ Long Trade will come true, TP/ SL will be calculated on a R:R Ration.
Trade closed: target reached
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Comments

No Trendline-Break after that initial CCIDivergence, but another Divergence appeared below another Trendline - this Trendline was broken and the 1:3 R:R based Profit Target was hit
Reply
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