EUR / USD - Parallel Channel Trading
Hey guys!
I know ... drawings look a bit funny. But ... Thats it.
We are in parallel channel right now.
Great opportunity for short term positions. Just follow the lines, trade what you see.
It is very likely that uptrend continues to 1.2 where the next bigger resistance is.
We broke out of downtrend, uptrend confirmed ... nice spots.
Have fun!
!! Mention: That is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility.
I know ... drawings look a bit funny. But ... Thats it.
We are in parallel channel right now.
Great opportunity for short term positions. Just follow the lines, trade what you see.
It is very likely that uptrend continues to 1.2 where the next bigger resistance is.
We broke out of downtrend, uptrend confirmed ... nice spots.
Have fun!
!! Mention: That is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility.
Trade closed manually
broke out of uptrend channel,
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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.