EURUSD is in a descending channel where it is currently at the top of that channel. Waiting for the candle to fully form, expecting a bearish candle to be printed, but watching to see a move lower back towards the channel centre and further or a sure break out of the channel to the bullish side.
I have notification reminders set at 0.8740 and 0.8690 for further movement and possible trade enteries.
I have notification reminders set at 0.8740 and 0.8690 for further movement and possible trade enteries.
Note
My trade entry for a sell position has been activated at 0.8690.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.