Tykeduke

EUR/USD chance for reversal?

Long
FX:EURUSD   Euro / U.S. Dollar
This is my first idea on TradingView. Been trading for 4 months now. Still very noobish to be honest, BUT I do make my own idea’s, and here is one of them. I see a channel down that has been going on for a while now. When looking at price action, I can see that this channel is performing its last leg. From here on we could see a rise back to the upside of the channel. A falling wedge could be a confirmation of this story. I would like to hear your thoughts on this on as this is my first idea.

Thank you and good luck with trading!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.