EURUSD ✨AN UPDATED ANALYSIS✨
Updated
(5) TP3 @ 1.1075 (1H)
(4) TP2 @ 1.1015 (1H)
(3) TP1 @ 1.0985 (15m)
(6) +SL @ 1.0966 🚫 +26 pips (if Price Action pulls back)
(2) BSO @ 1.0940 (216m) 📈 Net Equity is @ +35 pips
(1) BLO @ 1.0920 (1H) ⏳
ADDITIONAL INFO:
🌟 The overall trend is an uptrend (UT), however the correction to the downside seems to be finished and the uptrend is resuming.
1️⃣ If Price Action (PA) pulls back (PB), I'm hopeful that we'll be able to catch the continuation of the uptrend (UT) with this Buy Limit Order
2️⃣ As we anticipated, Price Action stayed bullish and our Buy Stop Order captured the uptrend continuation (UT)
3️⃣ The 1-hour chart shows a modest Supply Zone, therefore let's cut 50% off our position at TP1.
4️⃣We have another Supply Zone that appears to be a minor one, but just in case, let's shave another 50% from our Buy Stop Order @ TP2
5️⃣ Since it's possible that the Pivot High (PH) on the 1-hour chart will function as Resistance, we'll be closing our long position at TP3 and looking for a new entry point.
6️⃣ If PA PB hard, this +SL (Manual Trailing Stop) is where we get paid for our time (see above)
✨ AN UPDATE OF THIS PREVIOUS VIDEO ✨
(4) TP2 @ 1.1015 (1H)
(3) TP1 @ 1.0985 (15m)
(6) +SL @ 1.0966 🚫 +26 pips (if Price Action pulls back)
(2) BSO @ 1.0940 (216m) 📈 Net Equity is @ +35 pips
(1) BLO @ 1.0920 (1H) ⏳
ADDITIONAL INFO:
🌟 The overall trend is an uptrend (UT), however the correction to the downside seems to be finished and the uptrend is resuming.
1️⃣ If Price Action (PA) pulls back (PB), I'm hopeful that we'll be able to catch the continuation of the uptrend (UT) with this Buy Limit Order
2️⃣ As we anticipated, Price Action stayed bullish and our Buy Stop Order captured the uptrend continuation (UT)
3️⃣ The 1-hour chart shows a modest Supply Zone, therefore let's cut 50% off our position at TP1.
4️⃣We have another Supply Zone that appears to be a minor one, but just in case, let's shave another 50% from our Buy Stop Order @ TP2
5️⃣ Since it's possible that the Pivot High (PH) on the 1-hour chart will function as Resistance, we'll be closing our long position at TP3 and looking for a new entry point.
6️⃣ If PA PB hard, this +SL (Manual Trailing Stop) is where we get paid for our time (see above)
✨ AN UPDATE OF THIS PREVIOUS VIDEO ✨
Trade closed: stop reached
Our +SL was triggered for +26 pips or $+260.00 of profit*️⃣*️⃣(based on a Standard Lot size of 100,000 Units or 1.00 (MT4/MT5)
(5) TP3 @ 1.1075 (1H) ⏳
(4) TP2 @ 1.1015 (1H) ⏳
(3) TP1 @ 1.0985 (15m) ⏳
(6) +SL @ 1.0966 🚫 +26 pips (Price Action pulled back)
(2) BSO @ 1.0940 (216m) 📈
(1) BLO @ 1.0920 (1H) ⏳
Professor C. E. Ward
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