junoooo

EUR/USD - New uptrend incoming?

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FX:EURUSD   歐元 / 美元
Hey guys!

We had a really major downtrend within the last 9 weeks.
After forming 2 bearish flaggs, always the downtrend continues ... but now we failed to form a deeper position.

We tried it 3 times ... and always failed to break through. So we formed a support level there next to 1.15
There is a diamond bottom reversal pattern, giving us strong buy signal. U can see it as a double or tripple bottom too.

My targets for shortterm would be 1.18 and 1.20 as a natural resistance key level.

happy trading!


!! Mention: This is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility
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