EURUSD - Easy Range-Trading Setup - with MTFA

Hi Traders!
The market is in an Uptrend.

Let's begin with the Daily Timeframe:


Here you can see the market is making trending moves with high price action.
In addition it is moving in a Range.
In this moment we are at a consolidation.

Now we move further to the next H4-timeframe:


Here you can see the Reange closed up.
The two main areas are:
The Support at 1.17064 and
the Resistance at 1.19117.

Another indication for a Ranging Market is, when the 50MA starts to wobble around price.
Then it is not in a Trend but in a Range.

Now discover how to enter this market (H1-Timeframe):


As you can see on the lower Timeframe it seems to be in an Uptrend.
It is making a trending Moves and Retracement Moves.

So, the goal is to get a Trend Reversal Pattern at the Resistance.
You can combine that with the break of the channel or the crossover of the 20MA.

We recommend to trade the market still carefully, because we are counter trend trading.




Thanks and successful Trading :)!