EURUSD at channel support. Watch out for this important level.
EURUSD has reached the channel support level. As long as the channel support remains unbroken, buy entries at 1.1780-1.1800 with SL below the support level and TP at 1.20 will be valid.
On the other hand, if the price breaks out strongly from the support level, it will indicate that the trend has shifted from bullish to bearish.
On the other hand, if the price breaks out strongly from the support level, it will indicate that the trend has shifted from bullish to bearish.
Trade active:
Buy active at 1.1785 as per plan
Comment:
Currently 40 pips profit