EURUSD The 4hour MA50 makes all the difference
EURUSD is trading inside a Channel Up on the 4hour timeframe.
The recent price action is a Bull Flag which as long as the 4hour MA50 holds, it creates similar bullish conditions as the Jan 22nd Bull Flag and targets 1.05250 (Resistance Zone B).
If the 4hour MA50 breaks, sell and target 1.02500 (bottom of Channel Up).
Previous chart:
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The recent price action is a Bull Flag which as long as the 4hour MA50 holds, it creates similar bullish conditions as the Jan 22nd Bull Flag and targets 1.05250 (Resistance Zone B).
If the 4hour MA50 breaks, sell and target 1.02500 (bottom of Channel Up).
Previous chart:
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.