EURUSD is near the MA100 (1d) which has been holding upon contact since April 10th.
So far the price is inside the Channel Up.
Trading Plan:
1. Buy on the current market price.
2. Sell if the price crosses under the Channel Down.
3. Buy on the MA50 (1d).
Targets:
1. 1.11000 (the 1.236 Fibonacci)
2. 1.07880 (Support 2 and MA50 1d).
3. 1.11845 (Resistance 1).
Tips:
1. The RSI (4h) gives an additional buy signal as it is near the bottom of its Rectangle. However it has room to decline even lower to the bottom of the Channel Down.
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Notes:
This is a continuation of this trading plan:
So far the price is inside the Channel Up.
Trading Plan:
1. Buy on the current market price.
2. Sell if the price crosses under the Channel Down.
3. Buy on the MA50 (1d).
Targets:
1. 1.11000 (the 1.236 Fibonacci)
2. 1.07880 (Support 2 and MA50 1d).
3. 1.11845 (Resistance 1).
Tips:
1. The RSI (4h) gives an additional buy signal as it is near the bottom of its Rectangle. However it has room to decline even lower to the bottom of the Channel Down.
Please like, follow and comment!!
Notes:
This is a continuation of this trading plan:
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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.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.