Get started
AtillaYurtseven

EURUSD Bullish Signals - LONG

Long
Euro / U.S. Dollar (OANDA:EURUSD)  
AtillaYurtseven Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD eurusdlong DXY dxyshort Bullish Flag oversold trendreversal
1
0
trendanalysis chartpattern indicator eurusd eurusdlong dxy dxyshort bullishflag oversold trendreversal
EURUSD Timeframe: 1H

BULLISH SIGNALS

1. Bullish Pennant
2. MA10 reversal
3. Oversold
4. DXY bearish signals

snapshot

WAIT FOR

1. Pennant breakout
2. Next higher low + higher high

TP1: 1.1634 (~30 pips - RRR: ~3:1)
TP2: 1.1669 (~65 pips - RRR: ~5:1)
TP3: 1.1699 (~95 pips - RRR: ~8:1)
TP4: TRAIL stop after TP3 with 120 points

STOP-LOSS: 2 pips below the lowest low of the last 3 candles after the breakout

RISK: ~12 pips

TIPS

Move your stop accordingly
TP1: Break-even
TP2: TP1
TP3: TP2
TP3+12 pips: TP3

Disclaimer
The information provided is for informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs.
Order cancelled:
Pennant break-out did not occur. This trade was not executed
I know Kung-Fu!
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.