Pattern: Channel Down on 4H.
Signal: Bearish as the price is close to the Lower High trend line of the pattern. The trend is bearish as long as the 4H MA50 is intact. If crossed, expect a test of the 4H MA200.
Target: 1.08050 (the inner Lower Low trend line).
My long term view and target on EURUSD:
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Signal: Bearish as the price is close to the Lower High trend line of the pattern. The trend is bearish as long as the 4H MA50 is intact. If crossed, expect a test of the 4H MA200.
Target: 1.08050 (the inner Lower Low trend line).
My long term view and target on EURUSD:
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
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