how to trade a falling channel with a confirmation?

20 de mar. de 2019

hey traders,

on euro dollar we have very interesting setup to be focused on.

on a 4H chart we see a parallel falling channel.
the price is approaching a channel resistance line right now.

I never trade just channels, I prefer to wait until a confirmation signal on a lower timeframe occurs.

on 1H chart we see a formation of a rising wedge pattern,

for us, bearish violation channel is a perfect signal to sell the market anticipating retest of the market low.

good luck!

20 de mar. de 2019

Nota

Bullish continuation inside the wedge

20 de mar. de 2019

Ordem cancelada