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Euro / U.S. Dollar
Apr 26, 2024
EURUSD analysis in 4H
4
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Good day, friends!
This is ESS team.
Congratulations on the EURUSD's RISE !!
Let's analysis EURUSD.
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This is EURUSD 4H chart.
Candle broke through the top of the Descending parallel channel with a cascading RISE up.
If Candle retests safely of the Descending channel's upper line,
Long positions are advantageous with power of rise.
If the Candle comes back into the channel and breaks down the blue uptrend line, and retests, please, you prepare for a short position.
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EURUSD
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Parallel Channel
Trend Lines
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