EURUSDthe trend has been changed according to the trendline but for more confirmation about market movement i draw a confirmation zone which strongly leads the price into bearish if it falls below the zone and it will follow the previous bullish trend if the price move above the zone
for the setup in the future, here's my plan
Entry Point = 1.19781
Take Profit 1
53.1 pips = 1.19250
Take Profit 2
106.2 pips = 1.18719
Take Profit 3
181.5 pips = 1.17965
Stoploss is TP1 doubled
106.2 pips = 1.20843
Order cancelled
The price move above the Confirmation zoneim deleting my Bearish Setup
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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.