orvilleawright

BULLISH EURUSD: Price at DAILY channel lows

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FX_IDC:EURUSD   欧元/美元
BULLISH EURUSD: Price at daily channel lows
(Analysis Based on Daily charts)

Criteria
1. Up trend on the Daily chart
2. Price at daily channel lows
3. Price at daily Support/Resistance level
4. RSI was oversold at channel low
5. Gartley pattern terminating slightly below channel lows

This makes my proposal yesterday to sell between 1.110xx and 1.113xx a counter trend oppertunity. See related idea.

NOTE: Wait for price action to confirm the importance of these levels.

I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!
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