EURGBP Long Homerun?
Why will I enter?!
Daily: Price is approaching a resistance zone. Stochastic is approaching the top of the stochastic. This tells me that price should test support again. Used Fib to track up to 50% of most recent high which near the resistance zone.
4 Hour: Stochastic is at the top of the line. This tells me that price should test the support again.
1 Hour: Stochastic is approaching the bottom of the line. This tells me that price should test the support again.
15 min: Stochastic is approaching the top. Tells me that price should test the support again.
5 min: Stochastic is at the top. However, due to higher time frames, I still expect price to fall further before entry.
• Set Buy Limit @ 0.90173
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.