As we can see we have a bullish hammer nothing more to say some news present weakness on usd pairs so enjoy the win.
if it breaks the support line that i made i will enter it for a short trade and lets see if we profit, stop loss 1.34216.
80% short 20% long move lets wait till it break the support line and we jump into the trade happy profit guys and always good stop loss 3.12772 and take profit as long as you can just move the stop loss 10 pips every time it moves into your profit for long time profit.
Im not really sure maybe yes lets follow the support line .....
lets see if the price action respects the resistance line and will move downside.
I love to share this trade, if it breaks the line that i made i wait for a correction then i buy for a long trend bullish.
Normaly i day trade and scalp lately im busy and i let my trades go im more profiting with this style i let the trade go i just move the stop loss above the 200 ema and take profit as much as i can and this really works simple for guys that dont have time to trade more like swing trading or investing :D
5 red candles down now we have a bullish hammer and lets see were we get
stop loss 1.11700 and take profit 1.11100 or 1.11000 or 1.10800 ) hold it down as i can when i see big bullish move im out ;) but remember Eur/Usd is always risky then other currencies.
I set my stop loss 1.09099 and take profit depends hold it as long as i see a bullish big bullish move then im out
looking for D vawe for now im in a long position with a tight stop loss
looking the price to hit the support im in with tight stop loss.
We must have a correction down side then we buy up again to the resistance again. 09:15 CHF Consumer Price Index (YoY) (Jul) -0.4% 09:15 CHF Consumer Price Index (MoM) (Jul) 0.1%
Price action and news 4 red candels in 1h charts thats all i need to know buying it with a tight stop loss.