Looking for a possible push to the upside for EUR/RUB after price broke structure to create an higher high, came back for a retest and currently finding support at the most recent swing high on H4 time frame. Additional confluence include, 70.5 fib level, Major QP and pin bar candle stick formation. I'll go down to a lower time frame to look for a break of structure to the upside which will signal H4 trend continuation before entry.
Trade active
Price moved as expected, only few pips away from my target, took tp1 and moved stoploss to break even.Note
take profit slammed
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.
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.