How to trade: Wait for the market to follow the breakout of the flag. Before we buy, we should wait for the market to violate the horizontal resistance.
Aggressive entry: This is a typical buy of the breakout after the retest of the Flag. Due to the close strong resistance, it is very risky to enter here. BE CAUTIOS. :-)
Risk-Management: 1. USA Existing Home Sales @ 15:00 GMT
Either close positions until then or cut your risk
-----------------------------
Type: Daytrade
Buy here:: 1,11047 Stop-Loss: 1,10908
Aggressive entry: 1,10979 Stop-Loss: 1,10841
Targets:
Target 1: 1,11234 Target 2: 1,11294
Point of risk-reduction: 1,11159
-----------------------------
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades Irasor
Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Comment
⋅
Comment
⋅
EUR/USD: For those who used the aggressive entry to trade here -
We are at the strong horizontal resistance. Make sure to be aware and reduce your risks.
Trade active
⋅
Comment
⋅
For those who entered at the aggressive Entry - Time to safe profits here and get rid of your risk!
Comment
⋅
FOMC Meeting has a strong impact - Setup did not work our yet