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Euro / U.S. Dollar
Long

EURUSD Long Entry (FEB 8)

86
CONFLUENCE
  • Descending Channel(Likely to break to upside
  • Retest of last high within Ascending Channel
  • Break of Previous High


Risk
  • 1% per trade
  • SL placed based on current market structure. Placed slightly below long wick of prev. candle.
  • Dynamic Stop loss. Stop loss will be removed based on market structure(Breaks of highs + Lows)


Reward
  • Currently expecting 3% return


Psychology
  • Currently I feel as if I jumped in to early. I probably should have waited till stong bullish confluence has printed
SCARY18
priceactionpriceactionanalysispriceactionstrategypriceactiontradingSupply and DemandSupport and ResistancetradingsystemTrend Analysis

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.
priceactionpriceactionanalysispriceactionstrategypriceactiontradingSupply and DemandSupport and ResistancetradingsystemTrend Analysis
SCARY18

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.