RiversAndMountains

EURUSD - Long Idea

Alış
RiversAndMountains Güncellendi   
FX:EURUSD   Euro / ABD Doları
(Trade this on 1Broker in my signature link for no-fees BTC-settled markets with social trading)

I believe this pair is ripe ripe for a move upward even though it looks relatively terrible on the weekly.

It has a nice tight inverse head and shoulders pattern on the daily and has formed a pattern of price action that I'm satisfied with for indicating further upward movement.

I believe this pair will take a shot at the stops at 1.20 and this idea will be invalidated if it breaks down towards last week's low.

This produces a trade with an RR of 2.8 and a high likelihood of being in the right direction.

Long: 1.174~
Stop: 1.1655
Target: 1.998
RR: 2.81

Will be a public trade on 1Broker when active. You can "copy" me on the platform as well.

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Yorum:
This has gone quite well so far. Thanks for shorting the bottom.

Yorum:
Closed this at 17863. FOMC and although I still think this call happens based on price action, I am afraid of the lower volume.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.