I'm planning on longing this pair when/if price moves to 1.80 and 1.765. If price makes it to either of these areas, then I will be looking for bull candles on the daily time frame. If I get bull candles, I will move to the 1H time frame and place buy limit orders at previous market levels.
Note
Many bull candles found on the daily time frame.Note
Levels in which buy limit orders are placed. Stops below levels. 1/4% risk per trade. Note
Crushing stops right now.Note
Bull candle posted on daily time frame.Note
Rough look at entries and stop losses on 1H time frame.
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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.