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Khoza
Mar 23, 2019 3:52 PM

Descending Channel D1 - Speculative Setup Short

Euro Fx/U.S. DollarFXCM

Description

Expecting the continuation of a short to 1.11874

If trend continues to this support, further analysis will be needed to check trend continuation or bounce back up for long.

Please note that my setups are not signals to trade but my own personal analysis and predicted direction. To enter a trade it must be validated by multiple different indicators and confluence factors.

Trade active

Trend about 256 pips to 1.11874
Comments
thdehddns
iSaleh
thank you for your chart shearing, and I agree with you, but your price channel is not correct.

anyhow the EURUSD it will be bearish
Khoza
@iSaleh, This is bearish.
thdehddns
Hello it was fundmental movement. I am expecting.. it will be up at next market.
Khoza
@thdehddns, Yes. Probably around 1.11874
thdehddns
Khoza
@thdehddns, Thank you. Will be on the lookout.
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