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Ily14
Sep 2, 2022 1:39 PM

EURUSD LONG Long

Euro Fx/U.S. DollarFXCM

Description

On the monthly/weekly timeframe price is full bearish but it’s on this major support zone that the price got rejected from it twice so m expecting a bullish move before any bearish continuation.

The daily is bearish expecting a pullback to the previous high and also the golden fib number

4h; price is consolidating
M looking for the price to break above the sideways zone with a bullish momentum candlestick after having a little structure to assure a safe stop loss
Break above the LH structure
Break above the resistance zone
Break above the emas

1h; looking for an engulfing candle as an entry
Placing a safe stop loss on a previous structure close to the 200ema and above the 14/5

Tp; nearest s/r

Trade closed: target reached

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