AliSignals

EURUSD: Long options

Long
AliSignals Updated   
FX:EURUSD   Euro / U.S. Dollar
A daily bearish strong candle and a break over trend line mean that we should expect a reversal!

I'm considering a long position within the 1-hour zone. However, I believe it's prudent to await confirmation within the 4-hour zone, which also presents a promising opportunity to long the pair.

Presently, shorting the pair doesn't seem viable to me. I'll remain cautious until there's clear evidence of a continuation of the bearish trend.

Stay tuned for updates as the situation evolves.

Best regards,
Comment:
A lower-risk ( in terms of risk I'll take) an anti-trend trade is possible here!


0.25 of your normal risk in the way of correction.
Comment:
activated!
Comment:
A great rejection from the level!
Comment:
our low-risk trade failed! SL hit!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.