Market Structure: Uptrend
Area of Value: Support and Trendline
Entry: Bullish candle bounce
Exit if Right: 2 tranches TF
Exit if Wrong: Break of structure
RRR: 1:2
Confluence: There is a weak dollar due to the inflation plus a strong EUR due to ECB's hawkish interest rate hike.
Area of Value: Support and Trendline
Entry: Bullish candle bounce
Exit if Right: 2 tranches TF
Exit if Wrong: Break of structure
RRR: 1:2
Confluence: There is a weak dollar due to the inflation plus a strong EUR due to ECB's hawkish interest rate hike.