[Signal] EURUSD: Buying Momentum Picking Up

EURUSD
Timeframe: 1D
Direction: Long

Confluences for Trade:
- Bearish momentum waning
- Stochastic Oversold momentum turning
- Price tried to break the Support Trendline but could not sustain itself below the trendline (Buying momentum gaining)
- Price action at Horizontal Support Trendline and has bounced off against it
- Please refer to previous post on EURUSD Inverted Head and Shoulders

Suggested Trade:
Buy EURUSD
AOI: 1.1335 - 1.1465
SL: 1.1244
TP1: 1.1585
TP2: 1.1794
RR: Approx. 2.46 (Depending on Entry Level)


May the pips move in our favor! Good luck! :D

*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.

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