#EURUSD Multiple Opportunities 4/1H (Bat, 50sma, Structure)
#EURUSD Multiple Opportunities 4/1H (Bat, 50sma, Structure)
@TradeYodha (TradeYodha.com)
1. Bat on 4H with very good R/R
2. Bat on 1H as a trend continuation trend (4H has downtrend)
3. 1H zone has 50sma in it
4. 1H zone has 38.2 retracement level confluence too
5. 1H zone is at the same place where 10sma of 4H is. on 4H the price is stretched away from 10sma and may try to come back to it
6. Target 1:1 at least on 1H short as underlying 4H trend is down
I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.
@TradeYodha (TradeYodha.com)
1. Bat on 4H with very good R/R
2. Bat on 1H as a trend continuation trend (4H has downtrend)
3. 1H zone has 50sma in it
4. 1H zone has 38.2 retracement level confluence too
5. 1H zone is at the same place where 10sma of 4H is. on 4H the price is stretched away from 10sma and may try to come back to it
6. Target 1:1 at least on 1H short as underlying 4H trend is down
I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.