EURUSD BUY IDEA
Entry: 1.1390 - 1.1400
SL: 1.1360
TP1: 1.1455; Risk;Reward: 1.85
TP2: 1.1520; Risk;Reward: 3.73
This is an entry following a break of structure. We are seeing a pullback after a 1H bullish trend has been established. Seems to be a correction wave for the overall bearish trend. DXY also correlates with the entry. Since the DXY is 57% EURUSD, the continuation to the upside seems likely. Candlestick patterns, rejection of counter-trend line and 15min correction wave completion add to the bias.
Trade responsibly, risk according to your trading plan.
I encourage .01 per $100.
3-4% Risk
Entry: 1.1390 - 1.1400
SL: 1.1360
TP1: 1.1455; Risk;Reward: 1.85
TP2: 1.1520; Risk;Reward: 3.73
This is an entry following a break of structure. We are seeing a pullback after a 1H bullish trend has been established. Seems to be a correction wave for the overall bearish trend. DXY also correlates with the entry. Since the DXY is 57% EURUSD, the continuation to the upside seems likely. Candlestick patterns, rejection of counter-trend line and 15min correction wave completion add to the bias.
Trade responsibly, risk according to your trading plan.
I encourage .01 per $100.
3-4% Risk
Trade closed: target reached
TP1 +65 Pips
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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.