EUR/USD - trade the up correction - swing trade - buy on 1H
market is building temporarely bottom after breaking down from sideways channel and is searching for next bigger resistance area / entry for sellers.
I expect up movement to drawn take profit area and after that again big selling movement like happened the last two days.
-nice risk/reward ratio
-RSI near support area which brings buyers into the market
-price reached downside of bollinger bands which is support area
I wish a nice weekend to ya all.
I expect up movement to drawn take profit area and after that again big selling movement like happened the last two days.
-nice risk/reward ratio
-RSI near support area which brings buyers into the market
-price reached downside of bollinger bands which is support area
I wish a nice weekend to ya all.
Trade closed: stop reached
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
