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EURUSD Upward channel consolidation

Long
Euro / U.S. Dollar (FX:EURUSD)  
cvfxwealth Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Support and Resistance Supply and Demand consolidation tradingideas Forex EURUSD DJ FXCM Index euro eurodollar
3
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trendanalysis supportandresistance supplyanddemand consolidation tradingideas forex eurusd usdollar euro eurodollar
EURUSD in an upwards channel. Look to buy at bottom, sell at top near 1.2070 with stop losses 20-30 pips from entry.


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Charles V
www.cvfxmanagement.com
Trading made Simple
Comment:
Top channel hit, take profit. Either sell with short stop loss or wait for bottom channel to reenter buy.

If we break above top channel, look for a daily close above to start entering.

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cvfxwealth
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