EURUSD Short - Day Trading (01/290224)
Updated
HTF 4H Analysis
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4H is currently in downtrend.
After first Major CHoCH, price is making the Counter-Trend (CT).
Looking up the internal structure within CT, price may come back first to the BULL Point of Interest (POI) to continue the CT.
LTF 15M Analysis
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15M is in the uptrend.
But price is facilitating 4H interal structure pull-back.
4H
15M
Trade Management
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Risking => 0.5% (Account Balance)
Risk-Reward Ratio => 1:3
---
4H is currently in downtrend.
After first Major CHoCH, price is making the Counter-Trend (CT).
Looking up the internal structure within CT, price may come back first to the BULL Point of Interest (POI) to continue the CT.
LTF 15M Analysis
---
15M is in the uptrend.
But price is facilitating 4H interal structure pull-back.
4H
15M
Trade Management
---
Risking => 0.5% (Account Balance)
Risk-Reward Ratio => 1:3
Trade closed: target reached
+3R Target Hit.
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