EURUSD Channel Up emerging

9 Şub 2021

Pattern: Emerging Channel Up on 4H, so far the January-February price action resembles that of September-October 2020. Both legs within a larger/ longer term Channel Up (see chart at the end).

Signal: Buy on the 4H MA50 if the price gets rejected on the 4H MA200.

Target: 1.21700 (just below the 1st Resistance).


The bigger picture:

** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **

--------------------------------------------------------------------------------------------------------

!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!

🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> xBTala

--------------------------------------------------------------------------------------------------------