FX_Twist

#7 Grind the the pips series >>EUR/USD buy after 2 legs down !

FX:EURUSD   Euro/U.S. Dollar
EUR/USD             H1 chart turned down from wedge top and completed 2 legs down to support (standart target from wedge top). We are likely to see some correction up before further downside. Level to watch is 1.1193 (support), if we fall beyond this support, 1.1184 could be on our cards next.

For even safer signal you can wait for 8/14 moving average breech ( when green candle wick touches both lines and overshoot them + blue line crosses red line afterwards). This method of entry is safer, but sometimes you miss the best part of trend.


Exit rules #
1. Rely on your stop-loss below recent higher lows;
2. Exit when Heikin-Ashi bar changes color to opposite one.


______________________________________________________________________________________________
*** Heikin-Ashi bars = average price bars ( Provide a better depiction of current market
trend at a glance and eliminate fluctuations of nominal price action).
*** TDI             indicator = (Traders dynamic index) = A hybrid indicator developed to indicate market conditions related to trend direction, momentum, and market volatility . An “all-in-one” indicator!
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out