EURUSD reached the top of the channel from the long and short term, its possible that will retouched one more time and then fall till fib level or mid to bottom of the channel
Trade chiuso: obiettivo raggiunto:
Just as predicted EURUSD went exactly as my setup,
reached the top of the channel and also reached EMA100 4 hours and my daily lvl resistance and went straight down of the channel
After reaching bottom of the channel I opened another Short entry since it tried to reenter the channel but got stopped by the resistance of the channel 2 times and went straight down reaching 1.618 fib level where it started to make confluence and thats where the market closed.
Now I'm gonna wait for another setup in monday to find another entry (Long or short)
reached the top of the channel and also reached EMA100 4 hours and my daily lvl resistance and went straight down of the channel
After reaching bottom of the channel I opened another Short entry since it tried to reenter the channel but got stopped by the resistance of the channel 2 times and went straight down reaching 1.618 fib level where it started to make confluence and thats where the market closed.
Now I'm gonna wait for another setup in monday to find another entry (Long or short)