WendelinProbst
Long

EURUSD: 5 min chart offers possible entries for a bigger bounce

FX:EURUSD   Euro Fx/U.S. Dollar
one could either buy the breakout/Close above the days high (1.3215) as a Stop could be placed relatively narrow

or in case of another pullback, there is a nice Gartley in the 5 Minute Chart which could offer a Chance to buy before the Thing possibly takes off for a nice bounce.

so 2 valid entries with a stop 10 pips below the days low and the potential of a relatively big move, (maybe up to 1.3340) in relation to the risk

I like the narrow range of the Euro             after all These Drops to the current Level. The bigger Picture also supports the idea of a bounce
jiahe911
2 years ago
target?
Reply
WendelinProbst
2 years ago
I am just looking for an entry here. I am shooting for 1.3330 or so just before the next bigger structure Level. But look at the bigger Bat in the Weekly (which I don`t trade, ist too big)
+1 Reply
WendelinProbst
2 years ago
target has nothing to do with the Gartley Pattern I mean. I just want to be Long with a low risk entry.
+1 Reply
WendelinProbst
2 years ago
came right to the trigger, so let`s see how it plays!
+1 Reply
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