Euro / U.S. DollarUpdated EURUSD 1HR
Still in downtrend. Looking for scalp opportunities based on these channels. Price is biased towards heading down to purple support line so be on the shorting persuasion.
Remember to use breakeven stop-loss after some time in profit and to use TP1 and TP2 for more profits. You can also scale into your sell position by selling now, and then sell again at the top of the channel in case it goes up more. Do so according to your personal analysis on price action.
Remember to use breakeven stop-loss after some time in profit and to use TP1 and TP2 for more profits. You can also scale into your sell position by selling now, and then sell again at the top of the channel in case it goes up more. Do so according to your personal analysis on price action.
Trade closed: stop reached
Sell SL hitPrice failed to break blue dotted support line and remained within channel, SL was moved to breakeven.
Trade active
Buy trade initiated
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Having success in your trading journey? We'd love to hear about it in our growing community. I love making new tools and innovating for retail traders that hope to achieve financial freedom. Check us out at DripTrade.com
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.