Hello everyone this is my idea for EURO/DOLLAR on 1 hour time frame ..
Black line broken resistance became strong support we saw a nice rejection from black line
also green line is acting as strong support meaning no 1 hour candle close below ..
We remain buyers from green line or now to target red line above and zone above ... if price close 1 hour candle above red line thats a good sign for our second target
if we saw rejection from red line things can turn bearish ..
Our stop loss is 1 hour candle close below green line ..
for any question feel free to ask :) and good luck
Note : RSI indicator can give us a good hint .. price have a clear breakout above black line which is good support for our idea as long price remain above black line in the RSI indicator
Black line broken resistance became strong support we saw a nice rejection from black line
also green line is acting as strong support meaning no 1 hour candle close below ..
We remain buyers from green line or now to target red line above and zone above ... if price close 1 hour candle above red line thats a good sign for our second target
if we saw rejection from red line things can turn bearish ..
Our stop loss is 1 hour candle close below green line ..
for any question feel free to ask :) and good luck
Note : RSI indicator can give us a good hint .. price have a clear breakout above black line which is good support for our idea as long price remain above black line in the RSI indicator
Comentário:
Price closed below green line
which is not good for me however i won't close the trade yet I wanna see the black line
get breached we could have a bounce ..
good luck people
which is not good for me however i won't close the trade yet I wanna see the black line
get breached we could have a bounce ..
good luck people
Comentário:
Price is having a little bounce from black line
things looking better .. I keep my trade open
things looking better .. I keep my trade open
Trade fechado: stop atingido:
Sadly we got stopped
We will try to monitor for good entry for short or long
It was good R:R trade
Idea is we always try to find good entries and exist
We will try to monitor for good entry for short or long
It was good R:R trade
Idea is we always try to find good entries and exist
we could still bounce from black line ..
We try to be patient ..