Thursday, November 29, 2012

EURUSD Channel Trade Setup

myfxvoyage.blogspot.com EURUSD Channel Trade
EURUSD H4

Its a nice and clean setup. I like this setup. 

200EMA comes midway of the channel and 100EMA just near to it.  

I will consider any bounce towards the channel's upper trendline as a short trade opportunity.

I plan to go short on touch of channel's upper trendline. Stop will be at high of 17-Oct at 1,3125.



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