Hello everyone
The price has risen forming a bullish channel , now the price has rejected the daily resistance of 1.19099, forming a Hanging man candlestick pattern.
The trend is bullish , so to ensure the movement, wait for the bullish channel to break.
The possible targets are in the next support of 1.17537 and in the lower support of 1.17084
You can leave your opinion below, thanks
Trader Dark Eyes
Sell Eurusd:
Entry price: 1.18812
Take profit: 1.17535
Stop loss: 1.19143
Risk / Reward: 3.86
Information about the chart:
White line: TF 1D
Yellow Line: TF 12H
Gray Line: TF 4H
Blue arrow: Possible projection
Horizontal white line: Supports and resistance
Red line: Channels
The price has risen forming a bullish channel , now the price has rejected the daily resistance of 1.19099, forming a Hanging man candlestick pattern.
The trend is bullish , so to ensure the movement, wait for the bullish channel to break.
The possible targets are in the next support of 1.17537 and in the lower support of 1.17084
You can leave your opinion below, thanks
Trader Dark Eyes
Sell Eurusd:
Entry price: 1.18812
Take profit: 1.17535
Stop loss: 1.19143
Risk / Reward: 3.86
Information about the chart:
White line: TF 1D
Yellow Line: TF 12H
Gray Line: TF 4H
Blue arrow: Possible projection
Horizontal white line: Supports and resistance
Red line: Channels
Comment:
The price of Eurusd, touched be, at the moment I see that the price is refusing to break the channel, we will wait for the price to break and retest to enter
The price of Eurusd, touched be, at the moment I see that the price is refusing to break the channel, we will wait for the price to break and retest to enter
Eurusd + 20 pips
Hello everyone, we move the stop loss to breakeven, since the price is on the support trendline of the bullish channel.
Now we will wait for that trendline to break to confirm the downward movement