EURUSD Timeframe: 1HBULLISH SIGNALS
1. Bullish Pennant
2. MA10 reversal
3. Oversold
4.
DXY bearish signalsWAIT FOR
1. Pennant breakout
2. Next higher low + higher high
TP1: 1.1634 (~30 pips - RRR: ~3:1)
TP2: 1.1669 (~65 pips - RRR: ~5:1)
TP3: 1.1699 (~95 pips - RRR: ~8:1)
TP4: TRAIL stop after TP3 with 120 points
STOP-LOSS: 2 pips below the lowest low of the last 3 candles after the breakout
RISK: ~12 pips
TIPS
Move your stop accordingly
TP1: Break-even
TP2: TP1
TP3: TP2
TP3+12 pips: TP3
Disclaimer
The information provided is for informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs.
Order cancelled
Pennant break-out did not occur. This trade was not executed
I know Kung-Fu!
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.
I know Kung-Fu!
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.