Long EURUSD
Good Night
Right now, I have noticed that all traders went Long already from 1.1200 area, sure this area is certainly attractive to buy, But always remember there is factor in this market called Market Maker which they are hungry to hit the stop loss of the maximum amount of the Long contracts.
So in my opinion I see the EURUSD going to break the 1.1200 Support Line and drop until 1.1145 then the Long will be available for high reward ratio 4:1
Hope you all the best.
Right now, I have noticed that all traders went Long already from 1.1200 area, sure this area is certainly attractive to buy, But always remember there is factor in this market called Market Maker which they are hungry to hit the stop loss of the maximum amount of the Long contracts.
So in my opinion I see the EURUSD going to break the 1.1200 Support Line and drop until 1.1145 then the Long will be available for high reward ratio 4:1
Hope you all the best.
Note
Entry Instruction:Long = 108.760
S.Loss = 1.1100 ( 45 Pips)
T.Profit = 1.1350 (205 Pips)
Long Term entry, First position should be small then we will add more long positions while we are climbing to our target.
Note
The Fakeout has started already, wait the confirmation then get Long.Note
Now I have noticed a mistake in entry price, the correct one is 1.1130Trade active
Trade has activated at 1.1130, I'm Long already but I'm waiting another confirmation to add more Long positions.Trade active
EURUSD in the final Accumulation stage, wait a full body Bullish Candle.
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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.
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.