EURUSD BULL MULTI TIMEFRAME & RPICE ACTION Confluence
Swing Trade.:
-- 4H Head & Shoulders --- Decent shoulder on either side.
-- Price Bottoming at a Daily Support Zone.
-- There was the 1st move up and we are now in the correction.
-- At 61.8% retrace
-- Wedge like pattern
-- Daily and Weekly Supports Retrace Higher
INVALIDATION: Is the LOW
ENTRY:
Aggressive +
1) ENTER NOW at 61.8% retrace, SL AT LOW
Agressive:
2) ENTER AT TRENDLINE BREAK, STOP AT THE LOW POINT
Conservative:
3) Wait for break, wait for consolidation above the trendline enter that.
-- 4H Head & Shoulders --- Decent shoulder on either side.
-- Price Bottoming at a Daily Support Zone.
-- There was the 1st move up and we are now in the correction.
-- At 61.8% retrace
-- Wedge like pattern
-- Daily and Weekly Supports Retrace Higher
INVALIDATION: Is the LOW
ENTRY:
Aggressive +
1) ENTER NOW at 61.8% retrace, SL AT LOW
Agressive:
2) ENTER AT TRENDLINE BREAK, STOP AT THE LOW POINT
Conservative:
3) Wait for break, wait for consolidation above the trendline enter that.
Comment:
Trade is going well :) I entered at 61.8%
Comment:
Market is full risk on after G20 should see some good movements finally.
Comment:
Move SL to 1.268
Comment:
SORRY I meant 1.1268
Comment:
Move SL to 1.13057, basically break even.
Trade closed manually:
Small profit