FOREXCOM:EURUSD   Euro / U.S. Dollar
This is my latest analysis on EUR/USD. I will be monitoring price action over the upcoming week and if the rules of my strategy are satisfied, i will enter on this pair. This is my analysis done in line with a 1 hour break out strategy.

*What I will be watching for: Price action to break out the top of the bearish parallel channel, close outside the channel and wait for a 2nd candle outside as confirmation before entering on this pair. This trade set up has 2 targets, TP1 and TP2.

Fundamentals: www.investing.com/economic-calendar/

We are waiting for price action so that we can react, not to try and predict.

Please feel free to leave a comment and share your thoughts or ideas.

How does your analysis look?

#NotFinancialAdvise

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.