We have a assumed channel that if price would not make a new hight first next week, it could probably drop down to follow the pressure line of the channel to next support zone where is 1.17700, could be 80 -100 pips from current resistance zone. The channle will be valid ony if it follow our 1-2-3-4-5 wave on the daily chart. That means EURUSD will make a bearish bowl for a big drop. But lets follow the 5h chart to hunt 80-100 pips at the first two trading days of next week.
may I know what strategy do you use for your trading? from the looks from your chart, you only use indicators? no price action? is this what you teach in your course? teaching your members only to use indicators (which can be found on youtube for free)?
by the way, I am agree with your idea this time, shorting EURUSD looks good. lets see.
by the way, I am agree with your idea this time, shorting EURUSD looks good. lets see.