Tactical Funnel Trading (EURUSD)
As euro is capitulating we are positioning for another short term rally contrary to the overall trend.
Here using a funnel between 1.11250 and 1.12400 range.
If the funnel is broken from the downside we are looking into further capitulation and trade being cancelled.
Otherwise we are positioning for a breakout trade around 1.11620 mark.
Please note that if the projections don't pan out as illustrated the trade should be discarded regardless.
Trade safe, trade well
Here using a funnel between 1.11250 and 1.12400 range.
If the funnel is broken from the downside we are looking into further capitulation and trade being cancelled.
Otherwise we are positioning for a breakout trade around 1.11620 mark.
Please note that if the projections don't pan out as illustrated the trade should be discarded regardless.
Trade safe, trade well
Nota
Trade cancelledNota
Support was broken trade was cancelled
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.