EURUSD / LONG / 19.02.25
⬆️ BUY EUR/USD 19.02.25
💰 Entry: $1.04324
🎯 Goal: $1.05333
⛔️ Stop: $1.04190
Entry reasons:
1) OSOK:
— Week minimum was set on tuesday and price is moving to weekly open level with 15m bullish structure.
— Month minimum was set at the first weekly of month and price is above monthly open level.
2) Eliott waves:
— 1D: ABCDE
— 4H: 1-2, wave 3 is forming.
3) Range:
— Price is inside bullish weekly range
— Price is inside bullish daily range (correction, 38-50%)
4) Addition arguments:
— Testing of big cluster
— Divergence (1h)
— Downtrend is not confirmed by volumes (low effort and result).
Therefore, it's manipulate to create swing point on wednesday.
Goal is previous weekly high: $1.05333
💰 Entry: $1.04324
🎯 Goal: $1.05333
⛔️ Stop: $1.04190
Entry reasons:
1) OSOK:
— Week minimum was set on tuesday and price is moving to weekly open level with 15m bullish structure.
— Month minimum was set at the first weekly of month and price is above monthly open level.
2) Eliott waves:
— 1D: ABCDE
— 4H: 1-2, wave 3 is forming.
3) Range:
— Price is inside bullish weekly range
— Price is inside bullish daily range (correction, 38-50%)
4) Addition arguments:
— Testing of big cluster
— Divergence (1h)
— Downtrend is not confirmed by volumes (low effort and result).
Therefore, it's manipulate to create swing point on wednesday.
Goal is previous weekly high: $1.05333
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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.