This pair has been in an uptrend both on 4hr and 1 hr time frame. So I decided to go long if the 1 hr trend line holds, and also look out for a bullish candle stick pattern for my entry trigger. I already marked out 2 tps. Red line is the first tp while purple area is the second. So let's see how it goes..... What do you think 🤔?
EURUSD PLAYED OUT AS THOUGHT OUT BOUNCING AT 50% FIB LEVEL RETESTING THE PREVIOUSE SUPPORT LEVEL, NOW MOMENTUM TO THE UPSIDE IS BEGINNING TO RISE AND MAY GO IN THE FAVOR OF THE PREVIOSE IDEA ON THE EURO...
EURUSD SHORT
TP 1 - LEVEL 1.30441
TP 2 - LEVEL 1.10944
STOP LOSS - OPEN OF THE CURRENT CANDLE / RISK MANAGEMENT
PERIOD - SWING
NKE shows price has compressed into a tighter candlestick pattern formation near the highs of its long-term trading range pattern. The compression has minor Dark Pool Quiet Rotation™.
