This is my entry strategy for the previous 4hr analysis that I did on GBPEUR.
On the 15 minute chart, we will wait for the price action to break through (Point A). we will then wait for the retrace where it will retest the support as its new resistance (Point B). Then we will enter upon the price break of the low of point A.
Happy Trading poeple. - The Trading Box.
On the 15 minute chart, we will wait for the price action to break through (Point A). we will then wait for the retrace where it will retest the support as its new resistance (Point B). Then we will enter upon the price break of the low of point A.
Happy Trading poeple. - The Trading Box.
Trade active
Entered trade placing stop at point B
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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.