EURUSD 4hour & 1hour timeframe long analysis

On the EURUSD 4 hour timeframe price made double bottom pattern and broke the down trendline. Plus, the pair started making HH and HL and it is above moving averages.
On the 1 hour timeframe, the pair made a pullback and touched the 0.382 fibonacci level, consolidated it and pushed upside with an engulfing candlestick.
You can open a buy position. 📈
Chart PatternsTechnical IndicatorsTrend Analysis

免責聲明