- October 21, 2020
- Posted by: Tradingshot Articles
- Category: Forex
Another MA approach, this time on EURUSD. It is a recurring pattern since mid-2019:
The 1D chart posts a Channel Down with the price action diving below the 1D MA50 (blue line). The MACD is flat-lined and once it breaks above this range and the price above the 1D MA50, one final pull-back occurs before a series of Higher Highs start.
Where will you buy? Feel free to share your work and let me know in the comments section!
Please like, subscribe and share your ideas and charts with the community!
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot’s 💰 top TradingView Coin donor 💰 this week ==> TradingView