Technical Commentary: In Daily chart, Eur/Usd was trading in the triangle pattern and also its trading with equidistant channel lines,so we can sell near upper trend line of triangle pattern and equidistant channel lines @ 1.1000 levels :- We have shown in attached image.
In 4 hour chart :- Eur/Usd was trading in the equidistant channel lines and its broken the intraday lower trend line, now its trading near resistance level @ 1.1000 level :- We have shown in attached image.
In 1 hour chart :- Eur/Usd was trading below two upper trend line levels 1.0950 & 1.1000 and intraday lower trend line was formed. So we can sell near resistance levels :- 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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