Get started
Euro / U.S. Dollar
Long

Buy EurUsd

By vanduchd216
Updated
The price moves in a falling wedge pattern, there is a high probability that the price will increase in the near future.
Entry around 1.084xx
SL: around 1.081xxx
RR: 1:2 or 1:3
Comment
1H candle: pin bar with high volume -> SOS, wait for the no-supply sign to appear
Comment
Wait a pull back
Comment
Price moving down, pay aatention to the sos signal, if it appears with low volume, the test successful, then we can Buy
Comment
Price moving as expected. Keep plan.
Comment
8/7/2023: The current day candle has lower volume than before. Be careful. Maybe the price will pull back to test again. Closing a part of profit is essential.
Comment
11/7/2023: Day-Volume down, demand is weak, maybe price will pullback, be carefull.
Trade closed manually
Chart PatternsTrend AnalysisWave Analysis

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.