We are currently in a consolidation for EURUSD. Long term I am expecting a break below this channel to the downside.
Currently technicals are pointing north for one more test before a drop.
Look to enter at current price range of 1.1730 to 1.1765 on a 15m chart.
Take profit @ 1.1900, short stop loss 20 pips under last low.
Good luck!
Charles V
CVFX Management
Trading made Simple
Currently technicals are pointing north for one more test before a drop.
Look to enter at current price range of 1.1730 to 1.1765 on a 15m chart.
Take profit @ 1.1900, short stop loss 20 pips under last low.
Good luck!
Charles V
CVFX Management
Trading made Simple
Note
Price retraced but still expecting a move upwards.Note
Stop Loss hit, wait for better confirmation before entering.
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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.