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VladimirRibakov

EURUSD Buy Idea After Trend Line Breakout

Long
Euro / U.S. Dollar (OANDA:EURUSD)  
VladimirRibakov Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Support and Resistance Trend Lines EURUSD buy Bullish Patterns Bullish Divergence Trend Line Break support
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trendanalysis supportandresistance trendline eurusd buy bullish bullishdivergence trendlinebreak support
D1 - Bullish trend pattern followed by double wave correction with bullish divergence.

Most recent downtrend line breakout.

Expecting further continuation higher.

H4 - There are no signs that show this current trend is over yet.

Until this strong support zone holds my view remains bullish here.
Comment:
The price respected the strong support zone and moved higher further providing a nice move to the upside!
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