EURUSD dropped significantly after some news about German, and this dip may be a good trading opportunity!
Whenever there are inside bars, we need to answer a multiple choice question
1. long the breakout
2. short the breakdown
3. both 1 and 2
4. none of the above.
in this case, 3 is my answer and I like the long a little more as there is a huge daily uptrend!
Also, 4hr finished 8ema correction may also be a plus for this long~
Let's see how it goes!
Whenever there are inside bars, we need to answer a multiple choice question
1. long the breakout
2. short the breakdown
3. both 1 and 2
4. none of the above.
in this case, 3 is my answer and I like the long a little more as there is a huge daily uptrend!
Also, 4hr finished 8ema correction may also be a plus for this long~
Let's see how it goes!
Note
I got my 1st kick while I'm typing this idea though lol.Classic inside bar trade!
wait for pivots to trail the other half!
Note
break-even trade, out everthing! Also a classic example to show the importance of 1st kick ha!
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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.
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.