EURUSD - 2618 Setup
+++ Don't forget to LIKE & Follow+++After yesterday's big upward move, now price is in a correction mode on 4H, EURUSD.
Price is heading lower to test our structure shelf - presenting to us a potential 2618 Bullish Setup. This will be nice opportunity for all of you conservative traders.
If you look left price didn't break current structure level @ 1.1130s, we only got Double Bottom.
This Double Bottom is the foundation for our 2618 Setup.
Price is giving us nice kill zone and alignment of 0.618% and the inverse "V" of the DB.
I'm expecting price to enter in the KillZone and I'll wait for an entry reason.
Stops below DB, 1st target will be previous cycle top - I'll trail 2n position.
Good Luck!
-Alex
I'm a Professional Currency Trader & Mentor with years of trading experience.
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Price is heading lower to test our structure shelf - presenting to us a potential 2618 Bullish Setup. This will be nice opportunity for all of you conservative traders.
If you look left price didn't break current structure level @ 1.1130s, we only got Double Bottom.
This Double Bottom is the foundation for our 2618 Setup.
Price is giving us nice kill zone and alignment of 0.618% and the inverse "V" of the DB.
I'm expecting price to enter in the KillZone and I'll wait for an entry reason.
Stops below DB, 1st target will be previous cycle top - I'll trail 2n position.
Good Luck!
-Alex
I'm a Professional Currency Trader & Mentor with years of trading experience.
Download my Free Ebook & transform your trading Today! bit.ly/2b0ky6D
If you'd like to see more good trading ideas from me, click the "Like" button!
You can get my trading ideas immediately, just make sure to follow me.
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