Potential HUGE trade
Based on my price action, currently, it's a nice retest of the broken TL, a pretty excellent risk-reward ratio. I predicted it would reach the final target by the end of July or the beginning of August. I would wait for the confirmation candle, enter the trade, set SL / TP, and forget about it since the analysis is base on the daily time frame.
We had a similar entry price zone on February 25, 2021 (link attached). The market rejected 1.224 zones at that time and fell deep to 1.170.
Invalidation:
This analysis fails if the price breakout and closes above 1.236.
Catalyst:
- ECB Financial Stability Review
- EU CPI
- FOMC
- US Unemployment claims
- EU PMI
- ECB Press Conference
- NFP
We had a similar entry price zone on February 25, 2021 (link attached). The market rejected 1.224 zones at that time and fell deep to 1.170.
Invalidation:
This analysis fails if the price breakout and closes above 1.236.
Catalyst:
- ECB Financial Stability Review
- EU CPI
- FOMC
- US Unemployment claims
- EU PMI
- ECB Press Conference
- NFP
Catatan
Target 1, DoneCatatan
Catatan
Catatan
Target 2, DONECatatan
Target 3, DONE
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Upgrade Your Trading Station with Gold Cartel
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.