UpperSignals

📉 📉 When touching the resistance of a bearish channel, the price reacts by rejecting the level and breaking the trend line of lesser temporality, so the probability that there will be a further downward expansion following the trend plays to our advantage. E: 119.770, SL: 120.459 (69 pip), TP: 118.226.

📉 📉 After breaking a bullish channel in a higher timeframe the price goes down a little and then make another small bullish impulse to catch late sellers, this bullish impulse is forming another trend line that when breaking we wait for the bearish expansion so we enter the market short. E: 110.287, SL: 110.555 (27pip), TP: 109.751.

📈 📈 After breaking a trend line of a macro temporality, the price begins an uptrend forming a channel, at the end of a retracement the price tests the support of the channel and a horizontal flip line, so we expect a new upward expansion entering a trade long to market. E: 1.08835, SL: 1.08495 (34pip), TP: 1.09769.