EURPLNScenario 1: Price retraces back to 4.26. Here i will seek a strong buy set up targeting 4.33 as my takeprofit.
Scenario 2: If price significantly crosses the 4.33 area, i will await a retest of the area to seek bullish signals.
Note
There is still no significant close above 4.34 to warrant option 2.Note
There is now a significant close above 4.34. I will now be looking for bullish signals at 4.34 if price retraces back to that level.Note
Option 2 in play. Looking for buy signals at 4.336
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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.