Educational idea about how to exit from a range. EURUSD
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Here is a simple idea about what to do when EURUSD exit from the currently range. Firstly, we must exit from the range area and close a few bars in exterior of the area. Secondly, the price may retest the range area, so you should wait for the price to pull back, close to the range area. Finally, we must have a clear rejection from the range area so we can place an order.
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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.