EURUSD in Daily Time frame Has Formed With Descending channel pattern in Both small and Big Time Range.
Descending Channel Pattern is a short-term bearish continuation pattern, whereby the price movement is contained within two parallel descending trend lines and the price is moving lower while bouncing off upper and lower down-trending lines. Descending Channel pattern is also known as “Bearish Price Channel”.
We can see the great Reversal opportunity here with 84 pips Risk and 215 pips Rewards.
This trade is only for Risk Taker this Trend opposite trade use only 0.01 Lot Size. Buy: 1.11088 1st Target: 1.11290 2nd Target: 1.11492 3rd Target: 1.11608 4th Target: 1.12115 5th Target: 1.12774 6th Target: 1.13243
Stop loss : 1.10240
Note: This is only for Educational Purpose this is not Investment advice.
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