Buy Op
Daily/4Hr
Price has been in a downtrend but it is looking like we may have a reversal/breakout happening.
The 50MA has crossed over the 200MA on the 4hr and may be pulling back to the 200MA on the Daily.
Will be looking for my buy entry on the higher low/50MA on the 4hr chart and 1hr for candle confirmations.
Entry AREA 1.33360
SL 1.33008 (35Pips)
TP 1.35000 (163Pips) 1:4.66 Risk/Reward
Daily/4Hr
Price has been in a downtrend but it is looking like we may have a reversal/breakout happening.
The 50MA has crossed over the 200MA on the 4hr and may be pulling back to the 200MA on the Daily.
Will be looking for my buy entry on the higher low/50MA on the 4hr chart and 1hr for candle confirmations.
Entry AREA 1.33360
SL 1.33008 (35Pips)
TP 1.35000 (163Pips) 1:4.66 Risk/Reward
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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.