breaking down ascending channel
Updated
breaking down ascending channel
1st major support :1.11809 ( recently been tested 3 times)
2nd major Support 1.11105 (recently been tested 3 times)
in other hand we have RSI oversold so there is possibilty for a correction before we going down ( maybe we reach blue line resistance at 1.1260)
1st major support :1.11809 ( recently been tested 3 times)
2nd major Support 1.11105 (recently been tested 3 times)
in other hand we have RSI oversold so there is possibilty for a correction before we going down ( maybe we reach blue line resistance at 1.1260)
Trade active
EUR/USD has tested ascending resistance like i said in my analysis target is still active
Trade closed: target reached
:)
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