EURUSD 1H Channel Trendline Buy or Sell

6 thg 8, 2017

Pair seems to be in a down trend moving towards the bottom the the Channel. Take a trade as it breaks the current support level. At the Channel bottom I am going to close out that trade and watch what happens. If it breaks the Channel Trendline I will wait for a Break-Hook-Go entry short. If it bounces I am watching for a bullish reversal candle pattern setup (bullish engulfing candle, Evening Star 3 candle pattern, railroad tracks, etc.). TP's at previous sup/res levels. SL above previous candle or a close fractal low/high.