EURUSD Channel Breakout
Drawed a descending channel on the EURUSD.
I'm thinking this will breakout to test the resistance at 1.148.
Please give me some feedback so we can learn from this!
Thanks for reading
I'm thinking this will breakout to test the resistance at 1.148.
Please give me some feedback so we can learn from this!
Thanks for reading
Note
The drop was sooner then expected, if we go up from here the low was correct and we could still try the 1.148.This is probably making the channel invalid, but still thinking the resistance is there and breaking it would at least try the 1.148.
Will keep updating this
Note
Still in this channel, for now without testing resistance.Only showed a fake breakout of support.
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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.