EURUSD N.Y. open LONG
My target is atleast a 50% retracement yestereday high & low.
Entered on 15m Orderblock with stoploss below
There is a clear break of structure.
1hr candle convincing close above london high signaling strong bullish momentum
Entered on 15m Orderblock with stoploss below
There is a clear break of structure.
1hr candle convincing close above london high signaling strong bullish momentum
Note
Technical Analysis 101 book for beginners tells us that:-ABC pattern is:
A is same length as C from B.
-we retraced 50% from London low to N.Y. High.
-we can expect price to reach 1.08522 if C leg will be the same length of A leg.
Note
reentered @ fvg 5m
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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.