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A Bullish Idea on EURUSD
A very clear bullish setup on EURUSD, on 1H timeframe it has broken the trendline and making a Falling wedge with divergence on RSI below 70. When framing the Fib retracement we can see the price would be in the golden area called 0.382. Ticking all our box and making it a potential setup to be traded.
The trade would be:
ENTRY: 1.06324
STOP LOSS: 1.05857
Take Profit: 1.07660.
The trade would be:
ENTRY: 1.06324
STOP LOSS: 1.05857
Take Profit: 1.07660.
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