Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: EURSGD is approaching a strong resistance in blue so we will be looking for sell setups.
EURSGD is forming a trendline in red, but it is not valid yet, so we will be waiting for a third swing to form around it to consider it valid.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish, and can still test the blue resistance before going down, in this case we will be looking for sell setups on lower timeframes.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!
on DAILY: EURSGD is approaching a strong resistance in blue so we will be looking for sell setups.
EURSGD is forming a trendline in red, but it is not valid yet, so we will be waiting for a third swing to form around it to consider it valid.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish, and can still test the blue resistance before going down, in this case we will be looking for sell setups on lower timeframes.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!
This analysis is done using RichTL
www.RichTL.com
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
