Josphat89
Long

EURUSD: LONG AFTER VIOLATION OF DESCENDING CHANNEL. ABOVE 1.1250

FX:EURUSD   Euro Fx/U.S. Dollar
433 1 5
The EUR/USD             is trading in a descending channel and has reached the 61.8 retracement of the previous uptrend.
My recommendation:
Any break above the falling channel (1.1250) will take the pair to 1.1380 and 1.5230 in extension.

A break below 1.1150 confirms further declines.

Buy at or above 1.1250 with SL around 1.1150 and TP 1.1380 and 1.1530


Killy_Mel
a year ago
yea I also think that it will recover, but may take several days...
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out