EURUSD crossed above its MA200 (1d) and is headed for the top of the long term Channel Down.
A rejection similar to September 2024 is highly likely (which pulled the price to the 1.382 Fib), especially since this week's rise has been huge and based solely on geopolitics.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 1.000 (the 1.382 Fibonacci extension).
Tips:
1. The RSI (1d) is overbought. The last time it was this high was on August 23rd 2024. Exactly on the last Lower High of the Channel Down.
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A rejection similar to September 2024 is highly likely (which pulled the price to the 1.382 Fib), especially since this week's rise has been huge and based solely on geopolitics.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 1.000 (the 1.382 Fibonacci extension).
Tips:
1. The RSI (1d) is overbought. The last time it was this high was on August 23rd 2024. Exactly on the last Lower High of the Channel Down.
Please like, follow and comment!!
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Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.