EURUSD - Waiting for BREAK of Parallel Channel

Hi Traders!
The market is in a downtrend.

As you can see it is now retracing in a parallel channel.

The market is going towards the resistance.
We'll wait until the market touches it.

For moving down lower the market should break the channel.
When the channel breaks, we will sell.

The first Take Profit is at the first (weak) support.
The secound Take Profit is at the secound (strong) support.

We recommend to trade during high momentum.

Thanks and good luck :)!

Commentaire:

The red box now in BIG:

Transaction en cours:

Hey Followers!

The trade is on!
The momentum is good too.

Have a nice day :)