Renkotrade

EURUSD SHORT 1 HR Trendchannel versus Support / Education

Short
FX:EURUSD   Euro / U.S. Dollar
Hello to all watching my charts.

Here i bring you back an uodate of EURUSD
for a little education.

In my ! view trenchannels always beats support and resistance
zones cause the money goes with the trend direction

A lot of people told here of the big support at around

1.12200

I didnt mentioned that cause the pair
went in the trend either 1.1220 or not.

Its easy to see the the support is really broken
BUT the trendchannel is always there.

So if you have such a clear trend , go with the trend
and only after your pair is running out of the channel
or the channel changed from short to neutral
THAN think about your position, not early.

Good trades

Renkotrade

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