Manu76

analyse: possible setup long

FX:EURUSD   Euro / U.S. Dollar
If the price follows the predicted move (doing down and not closing above the 1.21714), it's likely to continu the move upward. Based on my indicators, actually the price is neutral on 4H.
Comment: Update: we're at the predicted entry price now on EURUSD, but I have not the signal to buy on my indicators. Actually I just stay out and will wait until I get the buy signal on my indicators (which I do not share). Price can just continue to drop and with as first reversal level the black line on the down trend. If this happens, this actual trade setup will be cancelled and a new entry long with different targets will be set when I get the signal to enter long. Nonetheless, this future signal will come relatively fast before I can predict a target or a SL. The time I will post it on Tradingview it will probably already be active. I do not recommend to enter long at this time.
Order cancelled

Comments

Agree with your scenario!
Reply
Very possible, cheers
Reply