EURUSD 180, forex about complete the structure
Nice pair to trade at the market open,the setup is ready. We have the third bounce (DAILY TM) on major ascending TL plus double pattern formation: 1) DOUBLE BOTTOM
2) INVERSE H&S
We have a nice RR ratio and all split in two TPs cause if we fail to break above 1,2070 area could come into play a TRIPLE TOP pattern.
Note: About the title is cause every day that go and i look at my charts every time i see at forex like to complete the structure almost as if it were geometric and with a precise form. But speaking isn t so easy to understand when there will be a nice example i ll post here.
anyway let's see how this play out.
2) INVERSE H&S
We have a nice RR ratio and all split in two TPs cause if we fail to break above 1,2070 area could come into play a TRIPLE TOP pattern.
Note: About the title is cause every day that go and i look at my charts every time i see at forex like to complete the structure almost as if it were geometric and with a precise form. But speaking isn t so easy to understand when there will be a nice example i ll post here.
anyway let's see how this play out.
Comment:
wait to have price above 1,1940 for buy entry
Comment:
says better a closing bull candle above red line at 1,1940
Comment:
wait we want a bull closing on that level!
Comment:
SL to BE hiGh volatility tomorrow risk trade not with SL to BE lol
Comment:
hit SL at BE maybe better closed it first the bull never take the control!