FOREXCOM:EURUSD   Euro / U.S. Dollar
EU has broken out of it's range to the upside showing bullish momentum. It's broken out of it's downtrend on the 4H and has created a reversal pattern, the double bottom. Me being a conservative trader for the most part I always wait for a pullback. This setup has the protentional of giving a 1:2 RR. If there is no pullback there is simply no trade.
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