EURUSD has now entered support zone after mitigating resistance for the 3rd time. I took a buy because Orderflow is bullish and price is showing to keep HH. Entering with the trend is one of the safest approaches, which I call SNR entry.
Reason on why the trade has less potentials on rising again is:
The no pullbacks after mitigating the last resistance zone, it showing a rage move to the downside after hitting res.
4H candles have only bear candles; there are no sign of bull pull backs.
Reason on why the trade has less potentials on rising again is:
The no pullbacks after mitigating the last resistance zone, it showing a rage move to the downside after hitting res.
4H candles have only bear candles; there are no sign of bull pull backs.
Trade active
Trade closed manually