Euro / U.S. DollarShort
EURUSD Waiting for confirmation
Updated
1. Time Frame:
- Daily: FVG Identification
- H4: FVG Identification
- H1: Entry Signal
2. Fair Value Gap (FVG):
On the H4 chart noted a Fair Value Gap (FVG) between 1.0325 - 1.0346
On the Daily chart also note FVG between 1.0310- 1.0345
3. Trend Confirmation:
Price has broken support at 1.0345, which now serves as a resistant level.
Price is rising back to the Daily & H4 FVG area.
4. Position:
Entry: TBA
Stop Loss : 1.0350
Take Profit: 1.0085 - 1.0100
RRR : 1:9
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Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
- Daily: FVG Identification
- H4: FVG Identification
- H1: Entry Signal
2. Fair Value Gap (FVG):
On the H4 chart noted a Fair Value Gap (FVG) between 1.0325 - 1.0346
On the Daily chart also note FVG between 1.0310- 1.0345
3. Trend Confirmation:
Price has broken support at 1.0345, which now serves as a resistant level.
Price is rising back to the Daily & H4 FVG area.
4. Position:
Entry: TBA
Stop Loss : 1.0350
Take Profit: 1.0085 - 1.0100
RRR : 1:9
-------------
Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Order cancelled
this plan is canceled when the H4 candle closed above H4 FVG.
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