eurusd anaylsis Swing Trade Incoming
Here we can see for the longest time eurusd consolidated within a parallel channel that has now been broke and retested and a rejection occurred and we seen very sharp decline in price over the past 2 trading days
as we enter a new month, i would look for price to continue to Drop on higher time frames, once structure is taken look for lower time frame confluence to enter positions / stack this entry, this is my thought process on this set up, i feel like we don't get to many of these kinds of set ups that often...
as long as you calculate your risk and it aligns with your trading plan and risk management plan, go for it!
trading is risky!
Any information shared is for educational and entertainment purposes only, i am not a financial advisor and this is not financial advice!
ideas shared are for educational and demo purposes only!! Cheers!
as we enter a new month, i would look for price to continue to Drop on higher time frames, once structure is taken look for lower time frame confluence to enter positions / stack this entry, this is my thought process on this set up, i feel like we don't get to many of these kinds of set ups that often...
as long as you calculate your risk and it aligns with your trading plan and risk management plan, go for it!
trading is risky!
Any information shared is for educational and entertainment purposes only, i am not a financial advisor and this is not financial advice!
ideas shared are for educational and demo purposes only!! Cheers!
Comment:
secure Partial Profits and MOve into stop/profit +25 pips
Trade active:
+85