EURUSD 1.21287 + 0.09 % STRUCTURE & PRICE ACTION IDEA
HEY EVERYONE
Hope you guys are having a great one Here's a look at the EURO / POUND swing wise and from multiple time-frames perspective for the most likely direction and probabilities of seeing a continuation with the BULLS.
From the MONTHLY, WEEKLY & DAILY Time-frames we see the pair trading in a bull flag that saw a rejection at the level of support 1.20172 currently seeing a continuation with the BULLS from higher Time-FRAMES the pair is strongly bullish looking for continuation of this move.
On the 4H we just broke out of that descending channel pushed down for a retest currently rallying up with the bulls now the is a significant area of resistance on the path with the bulls this is where i will have my alerts and watch what price does at this key area to signal whether continuation is in the cards and look out for entries with the bulls...
as always many stars must align with the plan before executing the trade, kindly follow your rules.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
HAVE A GOOD ONE!
Hope you guys are having a great one Here's a look at the EURO / POUND swing wise and from multiple time-frames perspective for the most likely direction and probabilities of seeing a continuation with the BULLS.
From the MONTHLY, WEEKLY & DAILY Time-frames we see the pair trading in a bull flag that saw a rejection at the level of support 1.20172 currently seeing a continuation with the BULLS from higher Time-FRAMES the pair is strongly bullish looking for continuation of this move.
On the 4H we just broke out of that descending channel pushed down for a retest currently rallying up with the bulls now the is a significant area of resistance on the path with the bulls this is where i will have my alerts and watch what price does at this key area to signal whether continuation is in the cards and look out for entries with the bulls...
as always many stars must align with the plan before executing the trade, kindly follow your rules.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
HAVE A GOOD ONE!
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