EURUSD - PRO CHALLENGE TRADING STRATEGY
WEEKLY CHART
Current Price at Weekly Sup/Res level of 1.1300
DAY CHART
Previous Evening Star candle patterns created Bearish moves
Watch for current Day candle to close Bearish to complete a 3rd Evening Star Pattern
Previous day candle was a Bearish Pin Bar
These candle patterns will confirm a Bearish continuation move short
1H CHART
Add Standard Pivot Point indicator
Price is returning down to Weekly S/R level and current Pivot level
This created my 1st Sell Take Profit zone where I will close 1/2 of my trade
Watching for Price to break below these two support levels
2nd Sell Stop @ 1.1280
Finale Take Profit close all trades @ 1.1235
Find SL
WEEKLY CHART
Current Price at Weekly Sup/Res level of 1.1300
DAY CHART
Previous Evening Star candle patterns created Bearish moves
Watch for current Day candle to close Bearish to complete a 3rd Evening Star Pattern
Previous day candle was a Bearish Pin Bar
These candle patterns will confirm a Bearish continuation move short
1H CHART
Add Standard Pivot Point indicator
Price is returning down to Weekly S/R level and current Pivot level
This created my 1st Sell Take Profit zone where I will close 1/2 of my trade
Watching for Price to break below these two support levels
2nd Sell Stop @ 1.1280
Finale Take Profit close all trades @ 1.1235
Find SL
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.
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.