jemi_alajmi

strong area ( 3 strong reasons )

Long
FX:EURUSD   Euro / U.S. Dollar
1
Area @ 1.3510-1.3490 is so strong because of :
1- trend line
2- head & shoulders
3- Butterfly Pattern ( we are in C )

so i guess it will first reach 1.3500 and then if it close candle above 1.3520 we will buy

SL:
1.3480

TP1 :
1.3580

TP2 :
1.3620

TP3:
1.3680


but if we break the level 1.3480 ( nick line ) and close candle below it we will sell at 1.3460 or at the retest of level 1.3480

SL :
1.3520

TP1:
1.3370

TP2:
1.3250

so we create a head and shoulders

good luck for all

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.