Technical Commentary: In Daily Chart :- EurUsd was trading in the equidistant channel lines and new upper trend line was formed as resistance line so its confirming for the range bound trade between uptrend line and lower trend line so we can sell below the key resistance of upper trend line and except upto next key support level of lower trend line :- which we have shown in attached image.
In 4 Hour Chart :- EurUsd was trading in the triangle pattern so its confirming for the range bound trade between uptrend line and lower trend line so we can sell below the key resistance of upper trend line and except upto next key support level of lower trend line :- which we have shown in attached image.
In 1 Hour Chart :- Eur/Usd was trading in the triangle pattern and its was trading in the equidistant channel lines and its trading below the key resistance level so we can sell near key resistance level and except upto next key support level :- which we have shown in attached image.
| PIPS COUNTER - SINCE JANUARY 2013 | ||
| Total Trades | Total Pips | |
| EUR / USD | 1135 | 10130 |
| GBP / USD | 1054 | 10550 |
| USD / CHF | 907 | 8945 |
| EUR / JPY | 818 | 10435 |
| XAU / USD | 1156 | 207955 |
| TOTAL: 248015 | ||
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