Market Structure: Uptrend
Area of Value: Support and Trendline
Entry: Bullish candle bounce
Exit if Right: 2 tranches TF
Exit if Wrong: Break of structure
RRR: 1:2
Confluence: There is a weak dollar due to the inflation plus a strong EUR due to ECB's hawkish interest rate hike.
Area of Value: Support and Trendline
Entry: Bullish candle bounce
Exit if Right: 2 tranches TF
Exit if Wrong: Break of structure
RRR: 1:2
Confluence: There is a weak dollar due to the inflation plus a strong EUR due to ECB's hawkish interest rate hike.
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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.