EURAUD 1H Channel Trading Strategy

Channels are a common chart pattern

EURAUD is at the channel bottom.

If it is a bearish channel breakout, you are a seller.
Wait for a 15m Break, Hook, and make your entry!
If it returns into the channel as a bullish continuation, you are a buyer.
Wait for a 15m bullish continuation candle pattern, and make your entry.


Thanks everyone, have a great week and let us know below how you trade channels. :)

Kommentera:

Bullish continuation move to channel top

Kommentera:

Price has moved from the bottom of channel to the top of channel and broken out bullish to the first take profit.

Kommentera:

Pair hit 2nd take profit