EURUSD, pennant in action
hello guys, I've been busy recently due to uni, however today I have a new trading idea.
EURUSD 4h chart, pennant formation, so I expect a rise of the euro against the usd dollar. But be careful about the resistence line, if we broke that line, the euro will be traded at 1.21
To join the trade we must see a close above the upper trendline! Like and comment to stay in contact ;)
best regards,
docCDS
EURUSD 4h chart, pennant formation, so I expect a rise of the euro against the usd dollar. But be careful about the resistence line, if we broke that line, the euro will be traded at 1.21
To join the trade we must see a close above the upper trendline! Like and comment to stay in contact ;)
best regards,
docCDS
Note
Note
we broke the trendline, technically is a selling singal BUT tomorrow there's the FOMC, so stay out from the market, we expect an increase in interest rate is US so buy euro. And sell treasury billsNote
Note
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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.