Ecua_Trader

USD/EUR

Long
Ecua_Trader Updated   
FX_IDC:USDEUR   U.S. Dollar / Euro
USDEUR

USD has been falling for weeks now and I will probably test supports.

There are 3 possible scenarios here that can experience.
1. is to test the intermediate downtrend and breakout to bounce off the second trend.
2. turn around and test the first upper trend.
3. Fall to the before resistance now acting as a possible support. (green channel)

I am by no means a professional advisor but just an enthusiastic trader that loves red and green. This is not to give a financial advice but just to provide my educated opinion.

Sell .9650
Comment:
Still waiting for a good entry. :)
Comment:
Patience is a virtue. Let's do forex as well, why not.
Comment:
we are coming to a moment where could be a very good trading opportunity. USD is about to break out from the downtrend. if not well we will definitely buy it cheaper. :)

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.