EURUSD Trade Plan

Hello Traders
As you can see price is in an uptrend that the trend line acted 4 times as a support zone and now its showing us a long wick rejection on trend line + 50 Fib Zone That can be a good sign of bullish pressure . In My Opinion price can go all the way up until Tp1 , and i will use lower time frames to find an entry.
Comment if you feel it doesnt make sense.

Komentar:

As i said for going long we have to go to lower time frame and see some clear price action to confirm our long idea. but you can see below that a symmetrical triangle was forming on 30 minute chart that broke from below and its not a sign of bullish pressure so in this i do not take a trade , always stick to your plan.
/x/tlkLc2Bl/

Order dibatalkan