Who whom looking for god low risk/high reward trade here is point. Wayt for low volume tes of 1.15830 area and as soon we get confirmation go long. SL @1.15240 and TP @1.18495
You can add you position @1.17005 and @1.17500CME:E61!
We've already seen a shift in power to the Bulls on a shorter term level. Now we're testing the original point of expansion, which is often a natural level for price to retest before resuming trend.
However, in this case Bulls are coming at the level with a LOT of power. I wouldn't make any trading decisions until either the red lines are cleared and retested to ...
We're at the bottom of the channel and completed a 5 wave down.
The bullish gartley is on the chart does not follow the rules but it's good enough for me in this case to treat as a bullish bottoming signal because of confluence with the other factors.
Looking for longs on Monday.
Euro is in middle of long consolidation range. Could be on 3 or 4 or C wave. Probably best to use very tight stops because this is not an ideal trading location and could go either way. Once reaches either end of the sideways channel with a 5 wave completion it will be much simpler to pick a direction. Probably cautiously bullish here
La idea está como pública asi que no muestro el análisis completo en el gráfico, pero sirve de referencia para quienes conocen la metodología.
La entrada ya dio casi 30 ticks como para tomar target. Espero que alguien la haya tomado.
En la semana publico alguna de las zonas que estoy esperando para tomar. Saludos!