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JamesZhang
Feb 25, 2016 5:26 PM

Long EUR/USD with A New Up-Trend Channel Long

Euro Fx/U.S. DollarFXCM

Description

  • 1/ A new up-trend of EUR/USD in 4h chart was just formed after it broke 100&200 days' MA.
  • 2/ The price was just back from the edge of the channel, and the support remains efficiently.
  • 3/ However, one thing hat has to be confirmed is whether the price will be ended above the 200 Days' MA today or this week, which contributes a lot to confirm the up-trend on charts of 4H&D.
  • to be continued.

Comment

Unfortunately, EUR/USD is going to end above both 100 and 200 days' MAL. I just closed my long order, looking for a short chance.

Trade closed manually

Unfortunately, EUR/USD is NOT going to end above both 100 and 200 days' MAL. I just closed my long order, looking for a short chance.
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