EURUSD 4H-1H

24 Kas 2021

Hello guys i was looking at eurusd chart and i saw this really good setup for trade. price is in a down trend channel wich shows very strong reactions to channel midline, since the last touch of channel midline price consistently failed to go lower and made a level of support on the last swing low and with lack of desire from sellers to go lower i am confident that down trend channel will brake and price will reach nearest resistance that i showed on chart

i hope you can use this analysis and get some ideas from it