EURUSD is on a correction triangle going to wave E on low volume. Expecting a jump up from the green rectangle.
Comments
wasis
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thumb
Niverto
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TAS_is_Goliath_Capital_Growth
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NICE NICE NICE
Niverto
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Good luck Man ;)
Niverto
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We got it right ;)
TAS_is_Goliath_Capital_Growth
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great how two completley different strategies came up with the same level. Thanks. Keep sharing, even if we're going the other way
reyforex
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Sir im still learning forex and trading a live account at the same time. Does you mean if it hits the green rectangle it is the go signal to buy? Thanks.
TAS_is_Goliath_Capital_Growth
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Man, what you are asking is about a trigger. The answer is NO (excuse the caps, it's to sink in). This chart is a SETUP, you should then go into a lower timeframe a search for a trigger you trust. Example, this is a 4H setup, then I go into a 15 or 30M chart and look and wait for confirmation. The confirmation or TRIGGER might be
1-Moving Averages crossing
2-News
3-Haikin ashi candles
4-trendline break
5-high or lows break
and many others that you should test.
remember this
A TOUCH OF A LINE IS NOT A TRIGGER, ALL LINES ARE IMAGINARY AND OTHER TRADERS MIGHT HAVE THEM IN ANOTHER LOCACION (excuse the caps, not shouting, just reforcing the importance) Demo before going live and test the triggers