Formation of a Parallel channel
Updated
This study is not a trade suggesion, it is only my opinion on the basis of my belife and study.
EUR-USD is working in a parallel channel since 4th of march 2022
now its on the verge of a breakdown/reversal .
lets wait and watch for a perfect timing to enter.
post your opinion in comments below -
Wheather it going to bounce back into channel
OR
Will it breakdown further
your every opinion will be answered... please share your thoughts.
EUR-USD is working in a parallel channel since 4th of march 2022
now its on the verge of a breakdown/reversal .
lets wait and watch for a perfect timing to enter.
post your opinion in comments below -
Wheather it going to bounce back into channel
OR
Will it breakdown further
your every opinion will be answered... please share your thoughts.
Note
see how nicely it got support at dotted line and bounce back into the channelNote
Formed a new channel..Note
Almost 4% achived in 28 days now it is very likely that price may fall a little bit more and will go up in upcoming days...
keep your eyes over it...
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.