EUR/USD (1hour): Bulls be ready!!!

Hello traders, I would like to share this idea on EURUSD with you and hear what you think about it.

Reward:188 pips🤑
Risk:25 pips❌
Risk/Reward Ratio: 7.62⚖

Chart Breakdown:

• Daily: The overall direction on the daily chart is bullish as price formed a break and retest setup on a downtrend trendline + a Bullish reversal candlestick confirming buys
  
• 4 Hour: The 4 hour chart is in agreement with the buy setup on the daily chart as it formed a 4 hour trendline buy setup.
  
• 1 Hour: On the 1 hour chart we have a potential double bottom formation of which should it actually form and break the neckline, we will be anticipating buys upon retest of the neckline
  
  

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