See past EURUSD Ideas: trading upwards channel. Remember that lines (support/resistance/trendlines) are all areas where price pivots on and never exact.
This channel still holds as we have not yet created lower lows.
Look to buy at current price area of 1.1765 with stop loss below 1.1705 (break and close below this would validate downwards movement)
Good luck trading!
Let me know if I can help in any way!
Charles V
ww.cvfxmanagement.com
Trading made simple.
This channel still holds as we have not yet created lower lows.
Look to buy at current price area of 1.1765 with stop loss below 1.1705 (break and close below this would validate downwards movement)
Good luck trading!
Let me know if I can help in any way!
Charles V
ww.cvfxmanagement.com
Trading made simple.
Comment:
Price has gone up as predicted, validating upward channel. Trade signal up 120 pips, lok to TP at top of channel or resistance area.
