EURUSD approaching daily up trend line. Price has bounced off of this multiple times so look to buy soon.
Signals:
1. Daily up trend line holding: Bulls still in control.
2. RSI in buy zone
3. Price currently in a trading consolidation range 1.1750 - 1.1950
Entry @ Up trend line area (yellow circle)
TP @ 1.1950
I'd advise short stop loss under the Up Trend Line. Also watch out for USD announcements on Wednesday, Powell's speech may cause volatile movements.
Good luck trading!
Let me know how I can help.
Charles V
cvfxmanagement.com
Trading made Simple
Signals:
1. Daily up trend line holding: Bulls still in control.
2. RSI in buy zone
3. Price currently in a trading consolidation range 1.1750 - 1.1950
Entry @ Up trend line area (yellow circle)
TP @ 1.1950
I'd advise short stop loss under the Up Trend Line. Also watch out for USD announcements on Wednesday, Powell's speech may cause volatile movements.
Good luck trading!
Let me know how I can help.
Charles V
cvfxmanagement.com
Trading made Simple
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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.
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.