InsiderB
Short

EURUSD : Moving within Channel & Breakout on Cards !

FX:EURUSD   Euro / U.S. Dollar
In Eurusd for quite a while we are channeling and price is moving up & down retesting the trendlines of the channel. Now a breakout will happen either in US or UK session today, I can;t predict exact time :)

There are two ways I'm expecting to trade this downside move,
(i) If Eurusd retests 1.063's after bearish confirmation enter shorts
(Or)
(ii) Straight breakdown of the lower trendline of channel

If upside breakout happens & moves above 1.063's - No Trades
Patience & Proper trade plan is the key for profits !
Nov 21
Comment: Bearish Bat completed - Initiated shorts , check with your trade plan n Enter !
is it still valid?
Reply
InsiderB raoadnan84
@raoadnan84, Draw trendlines (15mins) you will get rectangular ranging, then wait for breakout direction
Reply
raoadnan84 InsiderB
@InsiderB, Thanks sir
Reply
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