EURUSD LOOKING TO BUY THIS WEEK 1:5 RR SETUP
Good Afternoon traders,
This week, we will be looking to buy EURUSD as it has been ranging since last week resisting the support. The volume suggests that alot of buy orders are kicking in within the current range on H4 as price on H4 is moving sideways.
We have spotted an excellent entry price at discount as you can see above in the chart. We will be waiting for the price to retrace and hopefully give us more confirmation on this trade.
Though the long term trend is bearish, this is a counter trend trade with the confirmations.
Will keep you all posted
This week, we will be looking to buy EURUSD as it has been ranging since last week resisting the support. The volume suggests that alot of buy orders are kicking in within the current range on H4 as price on H4 is moving sideways.
We have spotted an excellent entry price at discount as you can see above in the chart. We will be waiting for the price to retrace and hopefully give us more confirmation on this trade.
Though the long term trend is bearish, this is a counter trend trade with the confirmations.
Will keep you all posted
Comment:
Trade still active and running risk free while we added a scaled entry
Trade still active and running risk free while we added a scaled entry
Comment:
First 2 buy entries SL to entry. Both risk free now✅
Looking for the potential third entry as marked. Waiting for more confirmation✅
Looking for the potential third entry as marked. Waiting for more confirmation✅
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We can move SL to entry now✅