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LONG EURUSD: Structure based trade

Long
Euro / U.S. Dollar (FX:EURUSD)  
VasilyTrader Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Forex forexsignals forextrading Technical Analysis forecast euro dollar EURUSD LONG
18
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trendanalysis chartpattern indicator forex forexsignals forextrading technicalanalysis forecast euro dollar eurusd long
snapshot

Euro dollar is approaching major structure support.
Rejection candle indicates strong bullish pressure around this area.
Oversold rsi with divergence shows bear exhaustion.

Wait and buy bullish breakout of a falling channel.

Initial target 1.125

Comment:
Retest of support.
Again rejection + rsi divergence
snapshot
Order cancelled
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