EURUSD Setting Up for a Daily Move Down
Is EU telling us where it is going to be heading in the year coming? Looking at an On-Trend Continuation in the current area. 61 & 38 Confluence on the 1.15 Mantle, wicks out to the top, Previous Price Reversal Area, 3-4th Loose
hit on the Downtrend line, 100EMA floating across the top. Very nice set-up, possibly for the first half of the year.
hit on the Downtrend line, 100EMA floating across the top. Very nice set-up, possibly for the first half of the year.
Note
We waited for our Market Maker move using a Brickwick Renko. Note
Entry and Trade Safe Note
Forgot to update, Took some profit out at the bottom of the channel on a rejection being shown, awaiting next set-up. Note
Another nice entry when it popped up to peak resistance, and once again at the bottom of the channel so look to take some profit out if it rejects. 
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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.