EURUSD Bullish Scenario
Updated
A well-calculated risk-reward ratio is essential for achieving success in trading.
The signals indicated in the chart align with the bullish scenario discussed in the previous post. In this scenario, we assume that the wxy correction has concluded and an impulse wave 1 has already formed. Importantly, wave 2 should not exceed the height of wave 1, unlike wave B, which can surpass wave A.
While the probability of success might be low, the setup appears to be a viable opportunity worth considering.
Are you interested in exploring this potential trade?
Best of luck!
The signals indicated in the chart align with the bullish scenario discussed in the previous post. In this scenario, we assume that the wxy correction has concluded and an impulse wave 1 has already formed. Importantly, wave 2 should not exceed the height of wave 1, unlike wave B, which can surpass wave A.
While the probability of success might be low, the setup appears to be a viable opportunity worth considering.
Are you interested in exploring this potential trade?
Best of luck!
Note
The price has made a new low precisely as the green arrow in the chart. From this position, if the price rises and breaks through the confirmation line, the signal can be acted upon.
good luck!
Note
the price hit it's Invalidation level without reaching confirmation. ups. then it's a bearish scenario. let's wait and see
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