EJ Long
Updated
INTRADAY IDEA
⭐️ Daily: price is in a strong uptrend and it is creating clear higher lows. It also breaks a strong daily level (127.000) so we expect a retest of the zone in order to create a possible new higher low.
⭐️ H4: here we see a clear sequence of HL-HL. We can expect a possible new HL on 71/78% Fibo's level that meet a strong supply & demand zone very near to the daily level.
⭐️ H1 wait for EUR to take some power, check the blue zone for more confirmations for a long trade according to the overall trend.
JPY is very weak this week so the long trade can manifest more easily.
NEWS TO CHECK:
🐂 1:30pm CET EUR ECB Monetary Policy Meeting Accounts
🐂 4:00pm CET EUR Consumer Confidence
🙏🏼 Namasté
⭐️ Daily: price is in a strong uptrend and it is creating clear higher lows. It also breaks a strong daily level (127.000) so we expect a retest of the zone in order to create a possible new higher low.
⭐️ H4: here we see a clear sequence of HL-HL. We can expect a possible new HL on 71/78% Fibo's level that meet a strong supply & demand zone very near to the daily level.
⭐️ H1 wait for EUR to take some power, check the blue zone for more confirmations for a long trade according to the overall trend.
JPY is very weak this week so the long trade can manifest more easily.
NEWS TO CHECK:
🐂 1:30pm CET EUR ECB Monetary Policy Meeting Accounts
🐂 4:00pm CET EUR Consumer Confidence
🙏🏼 Namasté
Comment
EUR in this moment is too strong so it seems it has skipped our possible entry and flew away. Personally I am not interested in taking a long in that zone anymore. I am publishing a new idea when the price will break 128.500 level (daily level).Every day there are endless opportunity in the market so don't be afraid to lose one.
🙏🏼 Namasté
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