EURUSD about to jump straight away to Supply zone (quick 1:3)
Updated
Hi everybody
SETUP INFORMATIONS:
The Entry setup is based on several rejections of the 618 fib lvl + bullish engulfing on the last rejection which is a strong indication that price may jump from here.
A little detail we can notice is that the last two candles closed above emas which are now acting as support and are also about to cross bullish. which add more consistency to the setup
The Target was defined using "AB-CD" pattern and supply zone
Entry: 1.18180
SL: 1.17970
TP1: 1.18500
TP2: 1.18750
im just sharing with you for the pleasure as a long term trading student and praticant (more or less 3 years). Let me be your referent. Im not a signal provider neither financial advisor. you have your own responsabilities.
SETUP INFORMATIONS:
The Entry setup is based on several rejections of the 618 fib lvl + bullish engulfing on the last rejection which is a strong indication that price may jump from here.
A little detail we can notice is that the last two candles closed above emas which are now acting as support and are also about to cross bullish. which add more consistency to the setup
The Target was defined using "AB-CD" pattern and supply zone
Entry: 1.18180
SL: 1.17970
TP1: 1.18500
TP2: 1.18750
im just sharing with you for the pleasure as a long term trading student and praticant (more or less 3 years). Let me be your referent. Im not a signal provider neither financial advisor. you have your own responsabilities.
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