EURUSD Entered Trades 26/1/21
Zoomed out so you could see the overall structure.
On the 4 hour time frame, it shows a downward channel, indicating higher prices.
Price broke out of that channel on 21/1/21 and has now recently retested that outer channel.
Price formed corrective structure and has recently broken out of that too so I entered there.
I entered at 1.21448 and 1.21435, I feel like it was too early as well like with GU, but nonetheless it's still moving up.
SL ~10 pips
TP would be trailing SLs, but the target would be 1.22200 or 1.21800.
Ideas/opinions would be very much appreciated as I am new to this so any feedback will be taken into consideration!
On the 4 hour time frame, it shows a downward channel, indicating higher prices.
Price broke out of that channel on 21/1/21 and has now recently retested that outer channel.
Price formed corrective structure and has recently broken out of that too so I entered there.
I entered at 1.21448 and 1.21435, I feel like it was too early as well like with GU, but nonetheless it's still moving up.
SL ~10 pips
TP would be trailing SLs, but the target would be 1.22200 or 1.21800.
Ideas/opinions would be very much appreciated as I am new to this so any feedback will be taken into consideration!
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.