Bounce of bottom channel line EUR/USD
With this consistent Higher Highs and Lower Highs I believe the down trend is over that started back in early late October - November and lasted up until the end of December, also the length of that downtrend should give this upswing some nice juice.
Not exactly 2:1 (1.73) but I think it would be best to pop a nice high probability chance and get out of any USD pairs until the dust of inauguration day settles.
Good first target 1.0720 then you can pocket half your lot if you want to try to let the other half hit that 2:1 profit.
Not exactly 2:1 (1.73) but I think it would be best to pop a nice high probability chance and get out of any USD pairs until the dust of inauguration day settles.
Good first target 1.0720 then you can pocket half your lot if you want to try to let the other half hit that 2:1 profit.
Nota
okay forgot to add WAIT until after USD economic reports :)
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