EURUSD is in uptrend channel and currently in a descending triangle formation from I expect a break to the downside to retest the uptrend line of this uptrend channel.
I plan to long on this uptrend line all the way to 1.18000, roughly 60 pips.
RSI and MACD are showing neutral signs, EMA's are in uptrend, both 4H and daily.
Good luck with this trade!
Tibor
I plan to long on this uptrend line all the way to 1.18000, roughly 60 pips.
RSI and MACD are showing neutral signs, EMA's are in uptrend, both 4H and daily.
Good luck with this trade!
Tibor
Trade closed: target reached
Target reached! +55 pips
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Related publications
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.