EURUSD 4H Saturday, April 8, 2017 [Saturday]

Updated
Observation:
Price Action inside upward channel and now is going down at dynamic support.

Analysis:
Price Action will go inside the small upward channel, upward & downward slope copied from previous price action.

RSI overbought.

Conclusion:
High probability of price respecting dynamic support (blue line) and therefore go for long.

Strategy:
On Monday, wait for price action to come down to dynamic support (blue line) for a tighter stop loss. Observe candlestick formation and RSI value.
Comment
Price moving as planned at Upward Channel (Small & Big)
Acknowledge support level at 1.06024.

High probability of LONG.
Comment
Price still moves inside the upward channel.

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