Euro / Dollaro
Long
Aggiornato

EURO - Price can make small correction and then bounce up

1 201
Hi guys, this is my overview for EURO, feel free to check it and write your feedback in comments👊

Recently, price entered to falling channel, where it at once fell to $1.1330 level and then not long time traded near this level.

Next, price rose to resistance line of channel, and some time traded near, after which dropped.

Price broke $1.1330 level and started to traded below this level, and later it continued to decline in channel.

Later, Euro made a gap and then exited from channel, after which turned around and started to grow in a rising channel.

In this channel, price broke $1.1140 level and continued to move up until it reached resistance line.

Then price corrected, and now I expect that Euro can bounce up from support area to $1.1280 inside channel.

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Trade attivo
Great! Price rose to my target! Now I think it can make correction and then continue to grow inside rising channel.
Trade chiuso: obiettivo raggiunto
Great! My target was reached, and the price continued to grow next in the channel.

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