EUR/USD Long on the daily timeframe
Updated
Looking to go long on the EUR/USD on the daily timeframe. Market has been consistently moving down within the channel identified. Looking from price to come down and reject off the support line. I think we will then see price bounce up to meet the resistance that is both identified within this channel, which also corresponds with the consolidation zone identified.
I am still learning so any feedback will be useful. I trade on demo at the moment.
Thanks!
I am still learning so any feedback will be useful. I trade on demo at the moment.
Thanks!
Note
Will await the next daily closures, looking for entry around 1.11611 if the price rejects off the support.
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