Euro / U.S. Dollar

Short

Updated

EURUSD likes these channels

Lets see if it goes down to the low/bottom 1.07k.
Could breakout each attempt at following the channel but lets see

Note

snapshot

this was pre corona so who knows it will appear similar with all the stimulus

Note

topside of channel usually connects from a rising wedge pump into a big x2 drop. Rarely it goes kangaroo.

Note

snapshot

Note

15 min timeframe vs 8h btw

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US500/SPX also in a similar triangle/wedge ish

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snapshot

Note

if low liquidity this will dump hard

confirmationbias

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confirmationbias

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.