EUR/USD - Daily Chart
Don't trade it now. If we can wait for the right moment we can catch good movement to the upside or to the channel bottom.
We need to wait until when the price reaches this marked area.
From there we need to keep an eye on price action.
If we see that price breaks out of this channel to the upside, we will buy after retest.
If we see that price makes a rejection, then we will Sell aiming for the bottom of the channel.
What do you think?
Don't trade it now. If we can wait for the right moment we can catch good movement to the upside or to the channel bottom.
We need to wait until when the price reaches this marked area.
From there we need to keep an eye on price action.
If we see that price breaks out of this channel to the upside, we will buy after retest.
If we see that price makes a rejection, then we will Sell aiming for the bottom of the channel.
What do you think?