BULLISH EURUSD: Price at DAILY channel lows
BULLISH EURUSD: Price at daily channel lows
(Analysis Based on Daily charts)
Criteria
1. Up trend on the Daily chart
2. Price at daily channel lows
3. Price at daily Support/Resistance level
4. RSI was oversold at channel low
5. Gartley pattern terminating slightly below channel lows
This makes my proposal yesterday to sell between 1.110xx and 1.113xx a counter trend oppertunity. See related idea.
NOTE: Wait for price action to confirm the importance of these levels.
(Analysis Based on Daily charts)
Criteria
1. Up trend on the Daily chart
2. Price at daily channel lows
3. Price at daily Support/Resistance level
4. RSI was oversold at channel low
5. Gartley pattern terminating slightly below channel lows
This makes my proposal yesterday to sell between 1.110xx and 1.113xx a counter trend oppertunity. See related idea.
NOTE: Wait for price action to confirm the importance of these levels.
I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!
