EURUSD 1.17143 - 0.48 % * DESCENDING CHANNEL STRUCTURE LONGTRAD

Hello Everyone

A look at the EURUSD pair from the 4H chart which dropped to 2-DAY lows yesterday at around 1.1750.
The pair slowly loosing it grip further as we touched the base of the descending channel structure.
ECB remains attentive to the euro appreciation.
FED'S J. POWELL will testify on Tuesday, wed & thurs.

looking for structure to hold on the pair hence looking for reversal patterns with the bulls to the roof of structure.
let's see how it goes.


HAPPY TRADING EVERYONE

_________________________________________________________________________________________________________________________

ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE

__________________________________________________________________________________________________________________________


If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Chart PatternscontinuationcontinuationpatternsDescending ChannelEURUSDeurusdlongTechnical IndicatorspulemokhothureversalpatternTrend Analysis

Also on:

Related publications

Disclaimer