EURUSD BULLS TO START

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

If you like the idea, do not forget to support with a like and follow.

EURUSD, QUICK UPDATE

As we can see price is still overall bullish trading inside this channel, Meanwhile, price is sitting around our lower bound of this channel, where we will be looking for new longs as well.

Meanwhile, from a medium-term perspective we price is still overall bearish trading inside the falling channel, and price is sitting around our lower bound acting as an over-sold zone,

However, for the bulls to kick in we need a break above the marked major swing high, a momentum candle close above, then a movement higher would be expected.


And as usual 1-2 Risk to Reward ratio from a risk management perspective.


If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!
Chart PatternsSupport and ResistanceTrend Analysis

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