EUR/USD _ 3rd week of Feb 2021
What information can we get on Daily Timeframe:
1. The price is consistently making a HH and HL pattern
2. Price was rejecting the key level support and already broke my swing high trendline
3. Price is currently heading down for retracement process
Idea for Entry:
a. 50% fibo level for long position which happened to be exactly at the minor support spotted in Daily and 4H TF
1. The price is consistently making a HH and HL pattern
2. Price was rejecting the key level support and already broke my swing high trendline
3. Price is currently heading down for retracement process
Idea for Entry:
a. 50% fibo level for long position which happened to be exactly at the minor support spotted in Daily and 4H TF
Nota
* its best to look for the price action before we take any position with proper RR and lot sizes. The chart is solely based on my observation from a technical perspectives. Any news or fundamental impacting the movement of market is beyond of my comprehension
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.