EURUSD POSSIBLE SHORT TERM BUY SETUP ON H4
Updated
Market opened with gap up and continue the upward movement until 1.1380.
We will continue to follow our main plan but there could be a chance to enter long again.
The price is actually trying to fill the gap and we see a buy opportunity around 1.1300.
This week will be very risky due to "brexit" so be carefull and keep appropriate SL.
BUY SETUP 1
ENTRY 1.1300-1.1290
TP1 1.1500 / TP2 1.1530 / TP3 1.1570
SL below 1.1220
BUY SETUP 2
ENTER ONLY IF THE PRICE REACH 1.1300
ENTRY BUY above 1.1385
TP1 1.1500 / TP2 1.1530 / TP3 1.1570
SL below 1.1300
We will continue to follow our main plan but there could be a chance to enter long again.
The price is actually trying to fill the gap and we see a buy opportunity around 1.1300.
This week will be very risky due to "brexit" so be carefull and keep appropriate SL.
BUY SETUP 1
ENTRY 1.1300-1.1290
TP1 1.1500 / TP2 1.1530 / TP3 1.1570
SL below 1.1220
BUY SETUP 2
ENTER ONLY IF THE PRICE REACH 1.1300
ENTRY BUY above 1.1385
TP1 1.1500 / TP2 1.1530 / TP3 1.1570
SL below 1.1300
Note
maybe the price is already going upNote
If the price didn't reach 1.1300 or lower but break up above 1.1380.you can still consider the buy setup 2
Note
SETUP 1 triggered CAUTIONS
today DRAGHI + YELLEN
Note
Possible AB=CD in developmentif you entered SETUP 1 you can consider to move SL higher (below WPP) since break below could drag the price at 1.1170
Safer TP around 1.1490
Now, wait to see if the price reach at least 1.1300
Note
going uplet's see 1.1340 reaction
Note
Facing 1.1400
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