EURUSD is on the 2nd Bearish Wave of the Rectangle since the start of the year.
That is in the form of a Channel Down, so far identical to the 1st.
This, along with the Fibonacci retracement levels offer stable entries for both buying and selling.
Trading Plan:
1. Sell on the current market price.
2. Sell on the next MA50 (4h) rejection after that.
Targets:
1. 1.07350 (bottom of Channel Down.
2. 1.07000 (bottom of Rectangle).
Tips:
1. The RSI (1h) is below its MA level, confirming that we are indeed on a downtrend structure.
Please like, follow and comment!!
Notes:
Past trading plan:
That is in the form of a Channel Down, so far identical to the 1st.
This, along with the Fibonacci retracement levels offer stable entries for both buying and selling.
Trading Plan:
1. Sell on the current market price.
2. Sell on the next MA50 (4h) rejection after that.
Targets:
1. 1.07350 (bottom of Channel Down.
2. 1.07000 (bottom of Rectangle).
Tips:
1. The RSI (1h) is below its MA level, confirming that we are indeed on a downtrend structure.
Please like, follow and comment!!
Notes:
Past trading plan:
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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.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.