EURUSD is possible to drop soon!
Hey guys,
based on the chart, I've identified a resistance area (in 4H timeframe).
And we can see the rejection of price from the mentioned area.
Also as confirmation for our scenario is the descending channel that is identified on the chart.
So It ca be another good trading opportunity with risk/reward ratio around 1/4 which is considerable!
Good luck.
based on the chart, I've identified a resistance area (in 4H timeframe).
And we can see the rejection of price from the mentioned area.
Also as confirmation for our scenario is the descending channel that is identified on the chart.
So It ca be another good trading opportunity with risk/reward ratio around 1/4 which is considerable!
Good luck.
Trade active
Congratulation guys 😊
Our first TP1 has been touched just now! :)
What about other targets? Let's see what will happen 😎
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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.
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.