Get started
Yemi_Fx1

Yemi_Fx1 | Short for EURUSD

Short
Euro / U.S. Dollar (FX:EURUSD)  
Yemi_Fx1  
FX:EURUSD   Euro / U.S. Dollar
Chart Patterns Parallel Channel eurusdanalysis eurusdsell forcasting patterntrading swingtrade
1
0
chartpattern parallelchannel eurusdanalysis eurusdsell forcasting patterntrading swingtrade
EURUSD(Fibre) is trading and moving in an ascending channel. Looking forward for price to make a third touch with the upper dynamic trendline. If this holds then the pattern Will play out. So,

I'll be considering
  • A Risk entry type at the top of the structure at an area of value.

  • Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.

Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
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.