EU Reversal Idea
EU is reversing. Reasons:
- Triple bottom on 4h
- Above 30m 100 EMA
- Bullish tringle forming on 1m
- Expecting pullback from brutal selling
- EU data did not act as a catalyst for further selling
Entered position:
- Entry: 1.06376
- Stop: 1.06276
- TP: 1.06676
- RR: 1:3
https://www.tradingview.com/x/exD6O1dT/
- Triple bottom on 4h
- Above 30m 100 EMA
- Bullish tringle forming on 1m
- Expecting pullback from brutal selling
- EU data did not act as a catalyst for further selling
Entered position:
- Entry: 1.06376
- Stop: 1.06276
- TP: 1.06676
- RR: 1:3
https://www.tradingview.com/x/exD6O1dT/
Note
Moved SL to 1.063 to reduce riskNote
SL hit
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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.