VIP - EURUSD - SHORT
Why are we entering?
- Price retraced back to the 618 fibonacci and double top. Price created a bigger expanding flat ABC correction
- Expecting EUR weakness and USD strength = EURUSD SHORT
What is our confirmation?
- lower timeframe bear flags
- rejection of structure
Entry
- SAFE Entry: Break of WFB (might be too far. Could be better taking a risk entry)
- RISK Entry: lower timeframe bearflag break
- RISK Entry 2: Rejection of structure
Once entered, where will our Stoploss be?
- above 618 fibonacci
Where do we take profits?
First TP: 1.13 (180pips)
Second TP: 1.112 (350pips)
Swing TP: 1.096 (520pips)
- Price retraced back to the 618 fibonacci and double top. Price created a bigger expanding flat ABC correction
- Expecting EUR weakness and USD strength = EURUSD SHORT
What is our confirmation?
- lower timeframe bear flags
- rejection of structure
Entry
- SAFE Entry: Break of WFB (might be too far. Could be better taking a risk entry)
- RISK Entry: lower timeframe bearflag break
- RISK Entry 2: Rejection of structure
Once entered, where will our Stoploss be?
- above 618 fibonacci
Where do we take profits?
First TP: 1.13 (180pips)
Second TP: 1.112 (350pips)
Swing TP: 1.096 (520pips)
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
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.
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
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.