VasilyTrader

double bottom in a falling channel

Long
VasilyTrader Updated   
FX:EURUSD   Euro / U.S. Dollar


hey guys,

looking at euro dollar pair on a daily we see that the market reached a decent support level.

on a lower timeframe we see a double bottom in a falling channel.

bullish violation of this local channel gives us an opportunity to catch a pullback to higher resistance levels.

just wait and buy the breakout.

good luck!
Comment:
Market is still trading in a trading range
Comment:
bullish violation
Trade closed: stop reached

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