UPDATED ANALYSIS ON EUR/USD
EUR/USD 4H - If you are looking for more of an aggressive approach with this market and you are wanting to get involved earlier, you could look to go long round here.
We are yet to be delivered with full confluence of a reversal and move to the upside, however we have been delivered with a 4H Doji after the big push down and into this zone.
A doji as we know represents a ranging market on the lower timeframes and in this instance a potential accumulation. Meaning price is offloading Supply and introducing Demand into the market.
I have gone ahead and marked out areas at which I deem valid for SL placements and TP placements, I will mark out the trade above, below. Any questions drop me a message or comment below (I will be waiting for the BOS first).
We are yet to be delivered with full confluence of a reversal and move to the upside, however we have been delivered with a 4H Doji after the big push down and into this zone.
A doji as we know represents a ranging market on the lower timeframes and in this instance a potential accumulation. Meaning price is offloading Supply and introducing Demand into the market.
I have gone ahead and marked out areas at which I deem valid for SL placements and TP placements, I will mark out the trade above, below. Any questions drop me a message or comment below (I will be waiting for the BOS first).
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.
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.