nxtgentrader

EUR/USD LONG?? 19TH APRIL

Long
FX:EURUSD   Euro / U.S. Dollar
Daily - Currently broken structure at the beginning of April with an Inverse H&S now shifting the market into a Bull Market looking to create an LH.

4H - Had a nice Bull run on Monday 13th which started to move into a consolidation going into Wednesday 14th which has lasted until Friday 16th.

1H - Fibs placed on the 1H TF at the bullish order block but we could see a 3rd touch wick down to the 1.19500 level to grab the stop/limit liquidity resting below the equal lows before proceeding on the Bull run.

15M - Looking to enter on 15M which is currently on a short term downtrend reaching for Bullish Order Block (ICT)


ALONG WITH THE HEAVY NEWS NEXT WEEK FOR THE EURO & POUND


ENTRY - 1.19640
STOP - 1.19440 21 PIPS
TP - 1.20900 125 PIPS

Comments