After BO of bear channel November 26, 2021 EURUSD has been moving in trading range.
Best strategy in trading range phase is to buy low and sell high.
EURUSD is now near its trading range top and also moving in bull channel.
Bull channels are bear flags and have 75% chance of bear BO.
So all together I expect EURUSD to fall down and tests the bottom of TR.
Trading is game of probabilities so if there is 75% chance of bear BO and fall down,
we have also 25% chance of resumption of this bull channel and BO of TR.
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
Best strategy in trading range phase is to buy low and sell high.
EURUSD is now near its trading range top and also moving in bull channel.
Bull channels are bear flags and have 75% chance of bear BO.
So all together I expect EURUSD to fall down and tests the bottom of TR.
Trading is game of probabilities so if there is 75% chance of bear BO and fall down,
we have also 25% chance of resumption of this bull channel and BO of TR.
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
