EURUSD Price movement prediction 15-10-2020
Using the triple trap strategy, these are opportunities I see for this pair. Currently price is at top of the channel and been respecting the 4H trendline, buying opportunity- if price breaks through purple trendline and 50 SMA(need not wait for retest). Selling opportunity - if price breaks the 4H trendline and the zone and retests it.
the triple trap strategy is trapping price between a channel, SNR and a possible trendline opposite to channel. In this way we can predict the next movement of the price by seeing the price respecting either one of the traps( a channel, SNR and a possible trendline).
the triple trap strategy is trapping price between a channel, SNR and a possible trendline opposite to channel. In this way we can predict the next movement of the price by seeing the price respecting either one of the traps( a channel, SNR and a possible trendline).
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