Pattern: Channel Up on the 4H time-frame.
Signal: (A) Buy as the price recovered the 4H MA50 (blue trend-line) which turned into a Resistance yesterday, while forming a Bullish Cross on the MACD. (B) Sell if the price breaks below (Higher Lows trend-line) the Channel Up.
Target: (A) 1.1400 (just below the 4H MA200 (orange trend-line) and if the 4H MA200 breaks, then target 1.1500 in extension (top of the long-term Bearish Megaphone). (B) 1.11050 (the bottom of the Bearish Megaphone).
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
Signal: (A) Buy as the price recovered the 4H MA50 (blue trend-line) which turned into a Resistance yesterday, while forming a Bullish Cross on the MACD. (B) Sell if the price breaks below (Higher Lows trend-line) the Channel Up.
Target: (A) 1.1400 (just below the 4H MA200 (orange trend-line) and if the 4H MA200 breaks, then target 1.1500 in extension (top of the long-term Bearish Megaphone). (B) 1.11050 (the bottom of the Bearish Megaphone).
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
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.
👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
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.