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TradingShot
Apr 21, 2020 4:09 PM

EURUSD Trading plan Short

EURO / U.S. DOLLARICE

Description

Pattern: Channel Down on 4H.

Signal: Bearish as the price is close to the Lower High trend line of the pattern. The trend is bearish as long as the 4H MA50 is intact. If crossed, expect a test of the 4H MA200.

Target: 1.08050 (the inner Lower Low trend line).

My long term view and target on EURUSD:



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Comments
Modern_Maven
Very nice breakdown! I have a similar Idea, check it out.

saif-khan
well done.
TheTradersAvenue
Thank you, you are doing an excellent job, check mine
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