Week 4 Trade 3 EU Long
Reasons for entry:
- Price has failed to break and remain below 1.1358
- 4hr bullish engulfing
- 1hr weak inverted H&S
- 1
Entry Timeframe:
- 4hr chart for main analysis
- 15min timeframe for execution
Stop Loss:
@1.1348 (-12pips)
Take Profit:
@1.1425 (+65pips)
Risk/Reward: 1:5.3
- Price has failed to break and remain below 1.1358
- 4hr bullish engulfing
- 1hr weak inverted H&S
- 1
Entry Timeframe:
- 4hr chart for main analysis
- 15min timeframe for execution
Stop Loss:
@1.1348 (-12pips)
Take Profit:
@1.1425 (+65pips)
Risk/Reward: 1:5.3
Note
Price has reached 1.1390, I have my SL to BE (break even) and taken partial profits for +30pipsTrade closed manually
Price failed to break and stay above 1.1390, trade closed early
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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.