DeGRAM | EURUSD long idea from confluence level

EURUSD rebounded from the support level. Price potentialy can create a AB=CD pattern where D point completes right at the 1.13000 level.

The market is trading in the ascending channel, and it's still consolidating.

Price created fibonacci 61.8% level and a support level at the border of the channel.

We expect a double bottom formation or false break at support to confirm that bears have run out of steam.



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