EURUSD is trading inside a Bearish Megaphone with the price very close to its top.
This is still a sell unless it crosses over the top of the pattern.
Trading Plan:
1. Sell on the current market price.
2. Buy if the price crosses over the top of the Megaphone.
Targets:
1. 1.09800 (Resistance A).
2. 1.07000 (Fibonacci 0).
Tips:
1. The RSI (1d) crossed over its MA trendline, which is what happened when the last Bullish Leg of the Rectangle started.
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Notes:
Past trading plan:
This is still a sell unless it crosses over the top of the pattern.
Trading Plan:
1. Sell on the current market price.
2. Buy if the price crosses over the top of the Megaphone.
Targets:
1. 1.09800 (Resistance A).
2. 1.07000 (Fibonacci 0).
Tips:
1. The RSI (1d) crossed over its MA trendline, which is what happened when the last Bullish Leg of the Rectangle started.
Please like, follow and comment!!
Notes:
Past trading plan:
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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.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.