Daily bearish trendline has broken and is now being retesting, so I am now looking at buys.
There's been a bullish impulse with a bearish correction (pullback) happening now. If price follows suit there should be a bullish continuation happening soon pushing price bullish.
This will have EMCers looking for entries Thursday or Friday to take price up to around .66722 for a -.27 TP.
**This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
There's been a bullish impulse with a bearish correction (pullback) happening now. If price follows suit there should be a bullish continuation happening soon pushing price bullish.
This will have EMCers looking for entries Thursday or Friday to take price up to around .66722 for a -.27 TP.
**This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
Note
1:3.8RR completed Note
1:5.1RR completed Trade active
1:22.8RR completed Trade active
In my opinion, buys are still currently valid. Price is currently in a bit of consolidation, so we will have to wait and see what this week has in store.Trade active
Structure has not broken so I am still currently bullish from a higher time frame perspectiveTrade closed: target reached
TP -27 and -61.8 hit on this idea. I've been trading futures so I didn't make it to TP with this idea. BUT it did get there.
Catch profits with me!
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.
Catch profits with me!
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.