Our Preference: Sell Below 1.0600 for the target of 1.0540 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurUsd was trading in the triangle pattern, EurUsd was completed to tested the upper trend line and after testing the upper trend line it was closed on lower side as bearish candle and it was closed below the key resistance level, further we can except upto lower trend line of next key support levels, so we can sell near intraday resistance levels and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart and 1 Hour Chart :- EurUsd was trading in the equidistance channel lines and EurUsd was testing the lower trend line, If lower trend line broken means we can except upto next key support levels, so we can sell near key resistance level or sell below the upper trend line and except upto next key support level :- which we have shown in attached image.
In Daily Chart :- EurUsd was trading in the triangle pattern, EurUsd was completed to tested the upper trend line and after testing the upper trend line it was closed on lower side as bearish candle and it was closed below the key resistance level, further we can except upto lower trend line of next key support levels, so we can sell near intraday resistance levels and except upto next key support level
In 4 Hour Chart and 1 Hour Chart :- EurUsd was trading in the equidistance channel lines and EurUsd was testing the lower trend line, If lower trend line broken means we can except upto next key support levels, so we can sell near key resistance level or sell below the upper trend line and except upto next key support level.
In 4 Hour Chart and 1 Hour Chart :- EurUsd was trading in the equidistance channel lines and EurUsd was testing the lower trend line, If lower trend line broken means we can except upto next key support levels, so we can sell near key resistance level or sell below the upper trend line and except upto next key support level.
| 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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