May 30, 2025
Trade ideas
XBRUSD, H4
On the H4, XBRUSD has formed a descending channel pattern. The price reached the lower trendline and bounced, with %R coming out of the overbought zone and the price crossed the TEMA.
Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.
Author: Egor Schmidt
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