Formation of a Parallel channel

22. März 2022

This study is not a trade suggesion, it is only my opinion on the basis of my belife and study.

EUR-USD is working in a parallel channel since 4th of march 2022
now its on the verge of a breakdown/reversal .

lets wait and watch for a perfect timing to enter.

post your opinion in comments below -
Wheather it going to bounce back into channel
OR
Will it breakdown further

your every opinion will be answered... please share your thoughts.

23. März 2022

Anmerkung

see how nicely it got support at dotted line and bounce back into the channel

4. Apr. 2022

Anmerkung

Formed a new channel..

6. Mai 2022

Anmerkung

Almost 4% achived in 28 days

now it is very likely that price may fall a little bit more and will go up in upcoming days...

keep your eyes over it...