HEY EVERYONE
Hope everyone is having a good week in the markets this week, Here's a look at the EURO / DOLLAR INTRA- DAY TRADE.
* The pair has respected the descending channel structure to some extent currently trading in a correction from that impulsive move with the
bulls.
* We see the formation of a double bottom at support level 1.20430 possibly signaling a move with the bulls on the HOURLY CHART.
* Looking for a completion of the "W" formation before we see a continuation with the bears
* follow your entry rules on entries
* significant moves with the bears change the plan.
* TIGHT SL
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Hope everyone is having a good week in the markets this week, Here's a look at the EURO / DOLLAR INTRA- DAY TRADE.
* The pair has respected the descending channel structure to some extent currently trading in a correction from that impulsive move with the
bulls.
* We see the formation of a double bottom at support level 1.20430 possibly signaling a move with the bulls on the HOURLY CHART.
* Looking for a completion of the "W" formation before we see a continuation with the bears
* follow your entry rules on entries
* significant moves with the bears change the plan.
* TIGHT SL
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
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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.
Related publications
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.