nmike
Long

EURO / US channel cloning update

FX:EURUSD   Euro Fx/U.S. Dollar
534 7 6
if current up trend continues and price stays inside reference channel 2 the near term target is the top boundary of reference channel 2. Otherwise just follow the channel boundaries.
hehe
4 years ago
...weekly...
snapshot
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nmike MOD
4 years ago
>>> be ready...might have to add another clone below the bottom grey channel....
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nmike MOD
4 years ago
>>> look to the CCI for clues as to which line will be broken next....
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nmike MOD
4 years ago
https://www.tradingview.com/e/BMRLJzpl/#
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nmike MOD
4 years ago
At the time of publishing this idea the EURO was on a steady climb, but instead of continuing up it broke the dashed blue support line and you see what happened next, it broke two channel boundaries and it stopped going down almost exactly at the bottom of a CLONED channel.
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nmike MOD
4 years ago
https://www.tradingview.com/e/BMRLJzpl/
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