(BUY, 1HR) EURUSD Completion of M Pattern
Updated
- completion of m pattern from the 12th OCT
- decrease in sell pressure heading into major support
- wait for reliable buy signal to trade to minor resistance as T1
- risk/reward: 1:2.35
- decrease in sell pressure heading into major support
- wait for reliable buy signal to trade to minor resistance as T1
- risk/reward: 1:2.35
Trade closed: target reached
Note
If price closes above the resistance line, take trade to 50 EMA.Trade active
To the 50 EMA - 1.14900 target 2Trade closed: target reached
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.