EURUSD Long - Jan 23, 2019
Monthly - In order for price to push lower and take out the level @ 1.0500 area, price must accumulate more orders long
Weekly - May already be enough orders collected for a rise to 1.18100 area... if not, stops will be taken out on the short side to pick up more
Daily - Bullish accumulation channel getting ready for a big move down.. may still need to pickup orders short before headed to 1.15697
4H - Close above moving averages to trigger entry, head & shoulders reversal pattern confirms direction
Weekly - May already be enough orders collected for a rise to 1.18100 area... if not, stops will be taken out on the short side to pick up more
Daily - Bullish accumulation channel getting ready for a big move down.. may still need to pickup orders short before headed to 1.15697
4H - Close above moving averages to trigger entry, head & shoulders reversal pattern confirms direction
Trade active
Entry @ 1.13928SL - 1.13362
TP - 1.14897
[ 1.76R ]
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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.