Hello Traders, I’m Mani and I’m the writer of Trade 77 section, please follow me on twitter for further updates.
In the four hour chart below I have got a trendline that price went above of it today:
Looks like it is going to test it again and I want to add a channel too:
There is a convergence point here as the beneath bond of the channel will reach that four hourly trendline somewhere at 1.5550.
So exactly watch carefully at that level for long setups, I like a four hour candle close above the trendline so I will consider to go long there.
Make sure that you are following me on twitter so you can be informed of any trade calls for this pair and if you found this post useful let your followers to read it too, so please retweet this article with the button above of the article.
Latest posts by admin (see all)
- AUDUSD approaching major resistance, prepare to sell - May 18, 2017
- How To Trade The Fractal Indicator - April 3, 2017
- How to Use Candlestick Patterns to Start Winning More Trades - March 19, 2017
Winner’s Edge Trading, as seen on: