NDOBObanks

EURUSD Long with 3 confluences

Long
NDOBObanks Updated   
FX:EURUSD   Euro / U.S. Dollar
LIST OF CONFLUCENES:

1:Key level breakout with bullish engulfing candle.
2: Change in market structure with creation of new high.
3: Trendline Breakout.


Summary:
Trade has the potential RR of about +- 2.3. Trade will be entered on Tuesday during London session and or NY session. Targets are set using fibs.
Trade active:
Trade entered at test of key level. We hold until T.P or SL
Comment:
Price came within 15 points of our stop loss pre - London open. The trade is still valid as long as the stop loss is not hit.
Trade closed: stop reached:
On to the next trade!
Comment:
Price broke structure again and trade loss got hit again. That's why we preferer to take one entry and if we get stopped out, we walk away from the pair until the next month.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.