EURUSD has reached the channel support level. As long as the channel support remains unbroken, buy entries at 1.1780-1.1800 with SL below the support level and TP at 1.20 will be valid.
On the other hand, if the price breaks out strongly from the support level, it will indicate that the trend has shifted from bullish to bearish.
On the other hand, if the price breaks out strongly from the support level, it will indicate that the trend has shifted from bullish to bearish.
Trade active
Buy active at 1.1785 as per planNote
Currently 40 pips profit
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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.