EURUSD LOOKING TO BUY THIS WEEK 1:5 RR SETUP
Updated
Good Afternoon traders,
This week, we will be looking to buy EURUSD as it has been ranging since last week resisting the support. The volume suggests that alot of buy orders are kicking in within the current range on H4 as price on H4 is moving sideways.
We have spotted an excellent entry price at discount as you can see above in the chart. We will be waiting for the price to retrace and hopefully give us more confirmation on this trade.
Though the long term trend is bearish, this is a counter trend trade with the confirmations.
Will keep you all posted
This week, we will be looking to buy EURUSD as it has been ranging since last week resisting the support. The volume suggests that alot of buy orders are kicking in within the current range on H4 as price on H4 is moving sideways.
We have spotted an excellent entry price at discount as you can see above in the chart. We will be waiting for the price to retrace and hopefully give us more confirmation on this trade.
Though the long term trend is bearish, this is a counter trend trade with the confirmations.
Will keep you all posted
Note
EURUSD moving exactly as per our analysis posted on TradingView✅We can move SL to entry now✅
Note
Trade still active and running risk free while we added a scaled entry
Note
First 2 buy entries SL to entry. Both risk free now✅Looking for the potential third entry as marked. Waiting for more confirmation✅
▶ FREE Telegram Channel - t.me/algotradinggroup
▶ Website - algotradinggroup.net
▶ FTMO Pass Results - t.me/FTMOResults
▶ Weekly Signals Reports - t.me/weeklypips
▶ Weekly Profits - t.me/ATGProfits
▶ Website - algotradinggroup.net
▶ FTMO Pass Results - t.me/FTMOResults
▶ Weekly Signals Reports - t.me/weeklypips
▶ Weekly Profits - t.me/ATGProfits
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.