The structure on EU is starting to set up for a nice short opportunity.
We have a pattern in a pattern setting up with multiple ascending channels for extra confluence.
I will not be looking to call the top of this until we reach the key area i have circled.
Even when it reaches this area i will need a clean pattern on the lower time frames to enter, Waiting for the impulse down and
clean counter trend move is the ideal entry on this.
Can easily just keep trickling just like UC has done so by avoiding calling the top can avoid alot of forced entry losses.
Its getting close to a set up but will be patient to see what forms and will not be rushing into this trade.
We have a pattern in a pattern setting up with multiple ascending channels for extra confluence.
I will not be looking to call the top of this until we reach the key area i have circled.
Even when it reaches this area i will need a clean pattern on the lower time frames to enter, Waiting for the impulse down and
clean counter trend move is the ideal entry on this.
Can easily just keep trickling just like UC has done so by avoiding calling the top can avoid alot of forced entry losses.
Its getting close to a set up but will be patient to see what forms and will not be rushing into this trade.
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youtu.be/7kA0RozUQTU
WEBSITE
empirefx.com.au/
instagram.com/empirefx_official/
Telegram
t.me/Empir3_FX
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.
FREE Youtube Foundation series
youtu.be/7kA0RozUQTU
WEBSITE
empirefx.com.au/
INSTAGRAM
instagram.com/empirefx_official/
Telegram
t.me/Empir3_FX
youtu.be/7kA0RozUQTU
WEBSITE
empirefx.com.au/
instagram.com/empirefx_official/
Telegram
t.me/Empir3_FX
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.