EURUSD is trading inside a Channel Up pattern that is supported by the MA50 (4h).
Following a Golden Cross, this trend is expected to continue to a Higher High.
Trading Plan:
1. Buy as long as the MA50 (4h) holds.
2. Buy again if Target 1 is hit and the price pulls back to the MA50 (4h).
Targets:
1. 1.09300 (Resistance 1).
2. 1.10325 (Resistance 2).
Tips:
1. The RSI (4h) is on a Rising Support for a whole month. Strong indication of a bullish trend.
2. The Golden Cross is on a symmetry with February's Death Cross. Strong indication that the Resistance (2) gap will be filled.
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Notes:
This is a continuation of this trading plan:
Following a Golden Cross, this trend is expected to continue to a Higher High.
Trading Plan:
1. Buy as long as the MA50 (4h) holds.
2. Buy again if Target 1 is hit and the price pulls back to the MA50 (4h).
Targets:
1. 1.09300 (Resistance 1).
2. 1.10325 (Resistance 2).
Tips:
1. The RSI (4h) is on a Rising Support for a whole month. Strong indication of a bullish trend.
2. The Golden Cross is on a symmetry with February's Death Cross. Strong indication that the Resistance (2) gap will be filled.
Please like, follow and comment!!
Notes:
This is a continuation of this trading plan:
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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.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.