EUR USD 4H [Buy on dip]
-The big picture, the price has changed from a downtrend to an uptrend
-The price has come down to test Fibo 50%, which is the same area as the Week support.
- There is a large trading volume.
strategy
-Wait to buy according to the Fibo line
- Take profit at the resistance area Week + Month around 1.14900
--------------
like every time
We should know how much we can afford to lose. in each trade.
Can be calculated from this website.
babypips.com/tools/position-size-calculator
good luck
-The big picture, the price has changed from a downtrend to an uptrend
-The price has come down to test Fibo 50%, which is the same area as the Week support.
- There is a large trading volume.
strategy
-Wait to buy according to the Fibo line
- Take profit at the resistance area Week + Month around 1.14900
--------------
like every time
We should know how much we can afford to lose. in each trade.
Can be calculated from this website.
babypips.com/tools/position-size-calculator
good luck
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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.