UPDATE ON EUR/USD TRADE & ANALYSIS
EUR/USD 1H - As you can see price has now broken structure to the upside, giving us the confluence to suggest that this market is going to put in further bullishness now moving forward.
In order for us to get involved in this market now we need to wait patiently for price to pullback trading into the area of Demand I have gone ahead and marked out, we can expect this to take place as price needs to set a higher low.
The aggressive entry is running + 35 pips. (+ 2.3%) 2.3RR
Once price trades down and into this area of price we can either wait for price to break structure fractally to the upside again before entering or just place a pending order in an around the zone to be activated once price trades in.
You will see above I have a position already marked out, I will leave the details to that below. Any questions drop me a message or comment below!
In order for us to get involved in this market now we need to wait patiently for price to pullback trading into the area of Demand I have gone ahead and marked out, we can expect this to take place as price needs to set a higher low.
The aggressive entry is running + 35 pips. (+ 2.3%) 2.3RR
Once price trades down and into this area of price we can either wait for price to break structure fractally to the upside again before entering or just place a pending order in an around the zone to be activated once price trades in.
You will see above I have a position already marked out, I will leave the details to that below. Any questions drop me a message or comment below!
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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.
Publications connexes
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.