EURUSD in a Descending CHANNEL Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Sep 21, 2020 6:29 PM

After breaking out a huge ascending channel, we can see a new channel has been formed and price is moving up & down in it...I expect a bearish market for now and possible target is around 1.16600

Comments

mehrdad.ansr

⋅ Sep 21, 2020 6:49 PM

We should short it now or wait to reach top or middle of channel?

KlejdiCuni

⋅ Jan 26, 2021 11:16 AM

I totally agree with your analysis. Thanks for sharing!

PolarHusk

⋅ Sep 22, 2020 5:21 PM

GoodJob