EURUSD has broken out of the channel,does this implies that we will have big move down? Am watching this closely possibly short at the retest of the lower channel TL
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Finally ,Broke out and Retest....
Comments
MounirLajili
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honestly it looks right but you dont know cause it's a catastrophy to europe , centrale banks try to correct , the error , after 1 week we will see
Roncriss
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Yes you could be right but technically am still looking to short based on what i see on the chart .
TradZ
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Lower channel TL meaning around 1.12500?
Roncriss
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Somewhere around there mate.
stream
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make sure to not short your account lol
Roncriss
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why is that mate? any idea with a chart?
stream
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never sell when 9 reject mate ..
Roncriss
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thus why we have SL, If price consolidate after this breakout and re test the TL or break the consolidation in lower timeframe ,i will go short...lol