Tripple_Trapping_FX

EURUSD Price movement prediction 2-10-2020

FX:EURUSD   Euro/Dólar estadounidense
Using the triple trap strategy, these are possible setups of this pair. Right now the EU is on top of the channel and EU has been forming higher highs and Lows and has respected the trendline. Also keeping in mind that this could be a beginning of consolidation. High probability entry would be these two bcz there are divergences in RSI indicating both trend continuation and reversal.

the triple trap strategy is trapping price between a channel, SNR and a possible trendline opposite to channel. In this way we can predict the next movement of the price by seeing the price respecting either one of the traps( a channel, SNR and a possible trendline).
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.