allisictrading

EURUSD HTF Long opportunity

Long
FX:EURUSD   Euro / U.S. Dollar
CONFIRMATIONS:
- Price crossing trendline and showing a long signal.
- Volume weighted histogram crossing signal line, showing bullish momentum.
- Trading out of an HVN on VPVR. Valid target in the form of the POC (point of control) in line with previous short signal (point of reversal).
- Recent bullish fractal confirming the sentiment we hold.

All trades start at a 1:1 RR. SL is then trailed at trendline once price action crosses initial TP.
At TP cross you CAN partially close the order or simply open up the TP and move trade immediately to breakeven and then start trailing stop one trendline enters profitable territory. This is in an effort to mitigate any loss whilst also maximising profit potential.

Happy trading! :)

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out