EUR/USD Builds Bullish Momentum with Strong Support and Pin Bar

After bottoming at 1.0760 exactly one week ago, 
EURUSD has started to consolidate, forming what appears to be a base.
Since then, dips below 1.08 have been consistently bought up, culminating in a strong bullish Pin Bar candle yesterday.
To further support this bullish outlook, this base is forming at a key confluence of support levels, reinforcing the potential for an upward move.
With this in mind, I am looking to buy this pair, ideally on a dip, to ensure a positive risk-to-reward ratio of 1:2.
My target for a reversal is set at 1.0950, with respect to 1.09 resistance (this could serve as short term trader's target)
Since then, dips below 1.08 have been consistently bought up, culminating in a strong bullish Pin Bar candle yesterday.
To further support this bullish outlook, this base is forming at a key confluence of support levels, reinforcing the potential for an upward move.
With this in mind, I am looking to buy this pair, ideally on a dip, to ensure a positive risk-to-reward ratio of 1:2.
My target for a reversal is set at 1.0950, with respect to 1.09 resistance (this could serve as short term trader's target)
Dagangan aktif
As expected, EurUsd took a dive to 1.08 zone and reversed1.09, here we come
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.