swissmoneymakers

EURUSD - Next Swing Trade - Multiple Buy Point

swissmoneymakers Updated   
FX:EURUSD   Euro / U.S. Dollar

Hi Traders!
If you look at the H4 Timeframe you can see that
the market is neither in an uptrend or in a downtrend.

Why? The market either need higher highs & lows or lower highs & lows to make a trend.
And what do we see?
What you can see is higher lows and lower highs and a Support-Trendline (on H4).

However, in the H1 Timeframe you can see a tiny uptrend.
The market is movin in a parallel channel.

Furthermore, it starts to respect the 200EMA.
We recommend to buy at the Buy Point, for a low-risk trade and a good target.

So, the entry triggers are:

- strong H4 Trendline
- bottom of the Parallel Channel
- 200 Exponential Moving Average
- tiny Uptrend


Thanks and successful Trading :)!
Comment:
Wanna see what's inside the RED BOX? Here is it:


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