EURUSD: WHERE IS THE NEXT MOVE (PART 2) EDUCATIONThis post for educational only.
As my previous post must wait to entry position on this pair.
Now EURUSD broke the line..
Now you can entry buy now. Because have retest on lower time frame.
How to avoid false breakout?
Place STOPLOSS below the wick.
If there is price reversal. You can change sell setup, watch the bearish candle confirmation.
Find the lower timeframe H4 or H1
This post for daily time frame.
I use 50 pips for the risk.
Risk Reward Ratio
1:4
Good luck
If you have any idea, leave comment below and give like.
Thank you
Eurusdsetup
EURUSD - H8 - Long than short at H8 SUPPLY ZONEEurusd - H8 - Expecting a bit more dollar weakness as I wait for dollar index to pull back into its daily impulsive demand zone so meanwhile we will see the major paris rising up. For eurusd we are currently long from 1.2060, i see the best turning point for euro around 1.22 as its a fresh H8 supply which is right below the previous lower high on daily tf for eurusd.
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