UmarAbdurRehman

EURUSD double bottom formation (low risk high reward setup)

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD had a support around 1.1704, if you look at the daily time frame which it broke this week and almost tested 1.1660 mark.

On the hourly chart there is a double bottom chart formation and a multi days trend breakout confirmation as well. So I am expecting a bullish run following week on this market to 1.18 level.

Trade Safe!
Trade active:
First target hit.
Trade active:
Beyond first target level, i am looking 1.18 for next.
Trade closed: target reached:

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