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AmirSoraya

Breakout then trading range on EURUSD, what next?

Short
Euro / U.S. Dollar (FX:EURUSD)  
AmirSoraya  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Trend Lines Support and Resistance Forex EURUSD
6
2
trendanalysis trendline supportandresistance forex eurusd
As we see last clear move is bear BO of bull channel. Trading range formed next.
TR more than 20 bars, so market loses its sight 50-50 chance of either bull or bear BO.
Since there is bear BO before, probability of bear BO is slightly higher.

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