EURUSD Take-off

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The ascent is very steep, so I used a 2h chart to lay down the possible limits of the uptrend channel. The MAs on the 1h/4h chart are bullish, but a possible bearish harmonic pattern on the 4h chart has to be cleared out. You can use the chart as a guide to day trading.
Trade attivo
1.1454 was a good area to short for 20-100 pips
Trade attivo
The price has moved onto the lowest support trendline and so gives an opportunity to go long.
Trade attivo
The price exited the uptrend channel. It made a 0.5 retracement at 1.1337, low: 1.1213, high: 1.1464. It can reach the DR3 at 1.1320.
Trade attivo
The price has created a new uptrend channel.
Trade chiuso manualmente
EURUSD at a crossroad!
analysisEURUSDeurusdlongeurusdshortLONGParallel ChannelshortTrend Lines

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