Idea One - Long - Scalp - Short term traders: After hitting (approaching) target 2 from my set up from Feb we can expect a nice bounce upward. This would be a great opportunity (based on your entry conditions) to secure some pips in the short term as we prepare for our more secure and valid set up which would be a short trade.
Idea One - Short - Swing - Long term traders: The next idea would take a while to be prepared as price is far away from the entry, however, if the price approaches the 0.9250 zones then we can expect some resistance based on structure. Prepare to look for shorts based on a valid entry set up.
Both trades are 1:3 RR
Idea One - Short - Swing - Long term traders: The next idea would take a while to be prepared as price is far away from the entry, however, if the price approaches the 0.9250 zones then we can expect some resistance based on structure. Prepare to look for shorts based on a valid entry set up.
Both trades are 1:3 RR
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.
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.