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anilmangal
Apr 16, 2016 3:32 PM

EURCHF daily corrective structure. Long

Euro Fx/Swiss FrancFXCM

Description

The EURCHF is in a daily corrective structure. It is breaking out of the down channel, if it consolidate above the trend i will be looking for a buy setup.

Trade with care.

check out my YouTube videos here
youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos

Comment

60 mins view
Comments
BahaHamidi
Thanks man!
anilmangal
You are welcome
miau68
Hello. I'm Maurizio from Rome. I'm a beginner trader so I would like to learn more than I can.
I'm your follower and I thank you for the valuable advice that everyday places on the site. I noticed that you are using the MACD 4c to understand the strength of the trend. What kind of setting are you using? Do you use different settings for each time frame or always the same settings? Thank you for your answer.
anilmangal
Hi Miau68 you will have to take my 6 weeks training course to understand how we use the MACD , it is one week of training on MACD (of the 6 weeks) so as you can see I just can't do it here.
miau68
I see. Please, can you send me an e-mail ( mmeronzi@gmail.com ) and explain the details of the training course? Thank you.
ZaliQifty
Hi Anil,

you mentioned " if consolidate above the trend line, you will be looking to buy". my question is did you mean consolidate along the trend line or consolidate sideway?
anilmangal
check the update on 60 posted
ZaliQifty
overlooked that post! thanks!
ivansem95
Sir,can you say,on what price level negate the structure?
ivansem95
i think it's dangerous on this week ecb...big moves coming
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