EURUSD LONG
Updated
eurusd is in nice bullish tren and we were looking for price to give us a discount ( means to narrow our sl) to take a possible entry
we have taken our entry 50% of an impulsive move.
pro tip:
we don't know which area market is going to test it can be 61.8 or 50, so we go on a lower time frame such as 30 min and look for possible candlestick formation like bullish engulfing or any reversal signal
on 5 min you can also use trend lines or fast moving average to confirm your entry
we have taken our entry 50% of an impulsive move.
pro tip:
we don't know which area market is going to test it can be 61.8 or 50, so we go on a lower time frame such as 30 min and look for possible candlestick formation like bullish engulfing or any reversal signal
on 5 min you can also use trend lines or fast moving average to confirm your entry
Note
PRICE HAS COME BACK AND BROKEN 50 FIBONACCI LEVEL WE MIGHT SEE REJECTION AT 61.8 IF DONT WE ARE OUT OF THIS TRADE AND WILL LOOK FOR MORE POSSIBLE ENTRIES
Note
STOPED OUT
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