one could either buy the breakout/Close above the days high (1.3215) as a Stop could be placed relatively narrow
or in case of another pullback, there is a nice Gartley in the 5 Minute Chart which could offer a Chance to buy before the Thing possibly takes off for a nice bounce.
so 2 valid entries with a stop 10 pips below the days low and the potential of a relatively big move, (maybe up to 1.3340) in relation to the risk
I like the narrow range of the Euro after all These Drops to the current Level. The bigger Picture also supports the idea of a bounce
came right to the trigger, so let`s see how it plays!
WendelinProbst
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target has nothing to do with the Gartley Pattern I mean. I just want to be Long with a low risk entry.
WendelinProbst
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I am just looking for an entry here. I am shooting for 1.3330 or so just before the next bigger structure Level. But look at the bigger Bat in the Weekly (which I don`t trade, ist too big)