Hi traders,
this sunday i want to share with you a bigger view of eurusd. I do not trade based of weekly chart, but it could be helpful to find good points to watch carefully in the daily and 4hr chart.
Here EURUSD is very close to the bottom line of the channel that has been formed over the last two years.
This means that as soon as price enter the blue box i will be looking for some lower timeframe opportunity.
In a weekly perspective this formation could be a giant flag pattern but in the short run that weekly support could give us some nice long opportunities.
So, keep an eye on that.
If you want to express your point of view, please comment.
Otherwise, see you in the next chart!
this sunday i want to share with you a bigger view of eurusd. I do not trade based of weekly chart, but it could be helpful to find good points to watch carefully in the daily and 4hr chart.
Here EURUSD is very close to the bottom line of the channel that has been formed over the last two years.
This means that as soon as price enter the blue box i will be looking for some lower timeframe opportunity.
In a weekly perspective this formation could be a giant flag pattern but in the short run that weekly support could give us some nice long opportunities.
So, keep an eye on that.
If you want to express your point of view, please comment.
Otherwise, see you in the next chart!
