EURUSD: Sell opportunity within the Channel Down.

The pair is trading sideways since Friday after completing the Lower Low within the 4H Channel Down (RSI = 40.137, MACD = -0.011, ADX = 39.459). By doing so it entered the lower tier of the Channel for the first time and there is a high probability to stay within it for as long as it stayed on the upper tier assuming the pattern is symmetrical. We are therefore setting one more standard Target: 1.0500 and a more aggressive extension: 1.0400.


Last two trades:

EURUSD: Death Cross on 1H. Sell opportunity.


EURUSD: Sell opportunity if the 4H MA50 breaks.




** If you like our free content follow our profile (tradingview.com/u/InvestingScope) to get more daily ideas. **

Comments and likes are greatly appreciated.
Chart PatternsCurrenciescurrrencydollarEUReuroEURUSDForexTechnical IndicatorsTrend AnalysisUSDDJ FXCM Index

Telegram: t.me/investingscope
investingscope.com

Over 65% accuracy on Private Signals Channel.

Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.

Free Channel: t.me/investingscopeofficial
Também em:

Aviso legal