EURUSD | Continue Working Inside of a Descending Channel
Please support this idea with LIKE if you find it useful.
Price is still inside of the Descending Channel and the priority is Bearish. So we can initiate a short position if there is a confirmed rejection of the Higher Boundary of the Descending Channel.
Also if price loses the Mid Line of the Descending Channel we can initiate a short position
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Price is still inside of the Descending Channel and the priority is Bearish. So we can initiate a short position if there is a confirmed rejection of the Higher Boundary of the Descending Channel.
Also if price loses the Mid Line of the Descending Channel we can initiate a short position
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.