Clear setup for a possible long entry on #EURUSD.
Price is now making a bearish channel.
Impulse down/channel down (Wave pattern).
Point 5 is confirmed by the 100% Fibo retracement and a previous high impulse.
We have 2 possible orders.
Entry point 1.10186
Intraday:
SL 1.099
TP 1.0480
Multiday:
SL 1.0979
TP 1.1155 (point 4)
Price is now making a bearish channel.
Impulse down/channel down (Wave pattern).
Point 5 is confirmed by the 100% Fibo retracement and a previous high impulse.
We have 2 possible orders.
Entry point 1.10186
Intraday:
SL 1.099
TP 1.0480
Multiday:
SL 1.0979
TP 1.1155 (point 4)
Trade active
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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.
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.