Get started
simontien

Descending channel may trigger a 1:1 to 4:1 RR trade opportunity

Long
Euro / U.S. Dollar (FX:EURUSD)  
simontien  
FX:EURUSD   Euro / U.S. Dollar
Descending Channel trigger 4:1 riskreward buystop
1
0
descendingchannel trigger 4:1 riskreward buystop
Price is consolidating around 0.382 Fib retracement of a strong bull impulse. Pending buy stop above last fews indecision candles to get involved.
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.