EURUSD Going for a Higher High rejection. Time the sell.
The EURUSD pair has been trading within a Channel Up pattern and as we mentioned on our previous idea (July 08, see chart below), is aiming for a Higher High target at 1.09500:
Since last week, the price is getting closer to our Target and the top of the 3-month Channel Up. Based on the pattern's symmetry and the proportions between the Bullish/ Bearish Legs, once we reach 1.09500 we will reverse to a sell, targeting 1.07250 (bottom of Channel Up).
Technically, once the 4H RSI forms Higher Lows, the new bottom is formed.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Since last week, the price is getting closer to our Target and the top of the 3-month Channel Up. Based on the pattern's symmetry and the proportions between the Bullish/ Bearish Legs, once we reach 1.09500 we will reverse to a sell, targeting 1.07250 (bottom of Channel Up).
Technically, once the 4H RSI forms Higher Lows, the new bottom is formed.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
👑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.