Hey guys, here with another trade analysis and this time it is EURUSD. Please do give a like and comment and if you want more analysis do follow, I would appreciate it. :)
Daily, you can see it is moving in between this channel and respecting zones perfectly and also made a imperfect head and shoulders pattern.
I entered aggressively on this pair because, I saw it came down to this zone on 4H and didn't break it, so after the 4 hour closure, I entered with stops right below the wick of the previous 4H candle.
If you guys want to enter wait for it to break 1.21892 and retest it on the 4H timeframe. I might put a 2nd entry as well from there.
-- Please if you do follow this, whatever happens, loss or profit, everything is onto you. I am just posting ideas. Please risk accordingly.--
Daily, you can see it is moving in between this channel and respecting zones perfectly and also made a imperfect head and shoulders pattern.
I entered aggressively on this pair because, I saw it came down to this zone on 4H and didn't break it, so after the 4 hour closure, I entered with stops right below the wick of the previous 4H candle.
If you guys want to enter wait for it to break 1.21892 and retest it on the 4H timeframe. I might put a 2nd entry as well from there.
-- Please if you do follow this, whatever happens, loss or profit, everything is onto you. I am just posting ideas. Please risk accordingly.--