EURUSD is in a descending channel where it is currently at the top of that channel. Waiting for the candle to fully form, expecting a bearish candle to be printed, but watching to see a move lower back towards the channel centre and further or a sure break out of the channel to the bullish side.
I have notification reminders set at 0.8740 and 0.8690 for further movement and possible trade enteries.
I have notification reminders set at 0.8740 and 0.8690 for further movement and possible trade enteries.
Comment:
My trade entry for a sell position has been activated at 0.8690.