Daily break and retest - confirms uptrend
4H my preferred entry zone. double bottom formed at the demand zone. broke and retested confirming trend. waiting for 2nd break and retest to confirm trend continuation.
Dollar index, is currently in a confirmed down trend as well.
Take profit 1 and 2 are set at 1855.0 (TP1) and 1868.0 (TP2)
Sl will be 5 pips below previous LH, will be adjusted at retracement if need be.
Good Luck and Risk safe, don't gamble, even a perfect setup can fail.
My personal risk is 1 to 3% per trade.
4H my preferred entry zone. double bottom formed at the demand zone. broke and retested confirming trend. waiting for 2nd break and retest to confirm trend continuation.
Dollar index, is currently in a confirmed down trend as well.
Take profit 1 and 2 are set at 1855.0 (TP1) and 1868.0 (TP2)
Sl will be 5 pips below previous LH, will be adjusted at retracement if need be.
Good Luck and Risk safe, don't gamble, even a perfect setup can fail.
My personal risk is 1 to 3% per trade.
Trade closed: target reached:
TP 1 HIT. MOVE PRICE TO BREAK EVEN AT 1828.0 OR WHERE EVER YOU ENTERED.
IF PRICE CLOSES BELOW 1840.5 TAKE PROFIT OR LET IT RUN TP 2 RISK FREE.
IF PRICE CLOSES BELOW 1840.5 TAKE PROFIT OR LET IT RUN TP 2 RISK FREE.
Trade closed: target reached:
TP 2 HIT