Hello Traders,
Here I share our latest analysis for Eurusd, which price is bouncing in ascending channel in 4h TF,
We determined some key levels which we expect price to be reacted in those areas, so it is clear we waiting for the price to reach to high volume area that determined in blue rectangle, after that wait for the price take back last lower-high and then you can place good R:R order in FTC area or doji candle ,
Ae mentioned different scenarios in the chart which price can react,
It is not a signal it is just an analysis which you can consider in your trades, currently I am in LONG position in EURUSD so we expect bullish move in following days,
Any question comment me bellow
FxShzd
Here I share our latest analysis for Eurusd, which price is bouncing in ascending channel in 4h TF,
We determined some key levels which we expect price to be reacted in those areas, so it is clear we waiting for the price to reach to high volume area that determined in blue rectangle, after that wait for the price take back last lower-high and then you can place good R:R order in FTC area or doji candle ,
Ae mentioned different scenarios in the chart which price can react,
It is not a signal it is just an analysis which you can consider in your trades, currently I am in LONG position in EURUSD so we expect bullish move in following days,
Any question comment me bellow
FxShzd
Note
As you may know order still is not active we are waiting for for the price to break structure then enter in pullbackOrder cancelled
We could not close above in 1h and 4h so we going for lower demand zoneNote
We will update soon new long position in 4h demand!Note
Preparing!!!Note
Two areas we can look for entry! with proper risk managementNote
As mentioned these key levels to enter long posittion!
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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.
Related publications
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.