EUR/USD
Asset did a fake break down and then pumped on news. It used the previous resistance as support but did not fully retrieve liquidity (wick wasn’t deep enough) and then I noticed that it was heading to the downside again , I put a long order deeper into the previous resistance for more liquidity, hoping to get an entry. Trade is invalid if we do not see a strong pump to the upside.
Entry – 1.08007
Stop loss – 1.07938 (-0.06%)
Take Profit – 1.08436 (+0.40%)
RR: 6.3
Asset did a fake break down and then pumped on news. It used the previous resistance as support but did not fully retrieve liquidity (wick wasn’t deep enough) and then I noticed that it was heading to the downside again , I put a long order deeper into the previous resistance for more liquidity, hoping to get an entry. Trade is invalid if we do not see a strong pump to the upside.
Entry – 1.08007
Stop loss – 1.07938 (-0.06%)
Take Profit – 1.08436 (+0.40%)
RR: 6.3
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.
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.