I'm LONG on EURUSD (Expecting a SWING)
EU has been in a range for quite some time now, finally we see breaks to the top side with price action toping it up, Took my position on Lower timeframe Demand. Targeting Previous 4h Lower Highs since price can be choppy in those areas.
POSITION:
Entry 1 : 1.02231
Entry 2 : 1.02355
TP 1 : 1.04825
TP 2 : 1.06614
SL : 0.01444
RR:
1 : 4
RISK: 1% ; 1681; $24
REWARD - 4% ; 6403pips ; $103
Confluences:
BREAK OF STRUCTURE(BULLISH)
DEMAND ZONE(ORIGIN CANLDE ON 15MIN)
WEEKLY DISCOUNT PRICES, Price is in Discount if you look at your much higher timeframes like Weekly.
EU has been in a range for quite some time now, finally we see breaks to the top side with price action toping it up, Took my position on Lower timeframe Demand. Targeting Previous 4h Lower Highs since price can be choppy in those areas.
POSITION:
Entry 1 : 1.02231
Entry 2 : 1.02355
TP 1 : 1.04825
TP 2 : 1.06614
SL : 0.01444
RR:
1 : 4
RISK: 1% ; 1681; $24
REWARD - 4% ; 6403pips ; $103
Confluences:
BREAK OF STRUCTURE(BULLISH)
DEMAND ZONE(ORIGIN CANLDE ON 15MIN)
WEEKLY DISCOUNT PRICES, Price is in Discount if you look at your much higher timeframes like Weekly.
Trade active
Trade closed manually
Closed my trade in loss, since sculping price action gave bearish signals, therefor closed early.RESULT: -0.7%
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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.