We have potential EURUSD Long setup in 4H/Daily TF. We need to see if USD index to weaken this week and correlate the index with EURUSD Long setup.
Its not wise to use high lot size or adding another Short position at this moment as its already near to weekly RBS level
Using simple entry technique
Step 1:
Waiting for the price to break the correction trendline
Step 2:
Waiting for HH & HL structure (best to look for price to pullback after breakout happen)
Step 3:
Entry point after 2 items above has fully satisfied with SL below the lowest candle. Use any indicator that suits you
Its not wise to use high lot size or adding another Short position at this moment as its already near to weekly RBS level
Using simple entry technique
Step 1:
Waiting for the price to break the correction trendline
Step 2:
Waiting for HH & HL structure (best to look for price to pullback after breakout happen)
Step 3:
Entry point after 2 items above has fully satisfied with SL below the lowest candle. Use any indicator that suits you
