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EURUSD Horizontal channel.

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OANDA:EURUSD   ユーロ/米ドル
EURUSD in 6 Hrs Making Horizontal channel
Which has break Downside We have 1.2 Risk to Reward Ratio?

A horizontal channel is a pattern that underlines the investor's indecisiveness. This horizontal channel is assembled by two horizontal and parallel lines that build the progress of the price. To confirm a line, there should be at least two points of contact with the price.

Note: This is only for Educational Purpose this is not Investment advice.

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Adil Khan.

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