Supply and Demand: EUR/USD Long
Updated
Zone: Demand Zone formed from daily trendline break
Stack: Weekly
Execution: 4h Star Pattern
Limit order. Low risk applied.***
Pros:
All confirmations aligned.
Price is in the key level zone.
On the lower end of the trendline channel.
Expecting a pull back.
Pip target is low. Making it easy to hit.
Cons:
Price is still in a clear down trend.
Pattern formed just at the edge of the zone.
Stack: Weekly
Execution: 4h Star Pattern
Limit order. Low risk applied.***
Pros:
All confirmations aligned.
Price is in the key level zone.
On the lower end of the trendline channel.
Expecting a pull back.
Pip target is low. Making it easy to hit.
Cons:
Price is still in a clear down trend.
Pattern formed just at the edge of the zone.
Trade active
Trade active
Trade Reached 1:2 quickly. Stop moved to BETrade closed: target reached
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