look at resistance line good for sell
look at top trend good for sell
bove are short term trading setups based on Moving Average Only. The moving average can show you trends/support resistance levels, ranging market etc. Just like trendlines, we trade breakouts, retests of moving averages too, To trade correctly our ideas, follow the instructions and wait for a candle close wherever advised!
I suggest you put EURUSD on the watch list, the price has been trending inside the channel, the breakout has occurred, however, it is stuck in the box entry on the break out of support, entry according to your strategy rules, Look for the entry inside the circle area.
The price bounced from 1940 resistance zone