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Euro / U.S. Dollar
Long
Updated

Trade idea - EURUSD Long

166
4H

Corrective approach towards entry zone.

-68 Fibonacci completion aligning with entry zone.

Bullish M pattern, Bullish Fake Out flag as extra evidence.

= Instant market execution Buy.

1% risk.
Note
3M

Bigger Inverse Head & Shoulders pattern potentially in play.

Bullish M pattern potentially in play.

Clear support & resistance zones are there.

snapshot
Note
WEEKLY

Inverse Head & Shoulders pattern potentially in play.

Clear support & resistance zone is there.

snapshot
Note
DAILY

Bullish impulse: indication.
Still trending down making LLs / LHs.

Potentially, market can find support now.

Inverse Head & Shoulders pattern: confirmation.

Clear support & resistance zone is there.

snapshot
Trade active
Involved.
Trade closed: stop reached
-1% Loss.
Pipjager
Chart PatternsEURUSDeurusdlongForexfxtradingnoindicatorspriceactionanalysissupplyandemandzonessupportandresistancezonestechincalanalysisTrend 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.
Chart PatternsEURUSDeurusdlongForexfxtradingnoindicatorspriceactionanalysissupplyandemandzonessupportandresistancezonestechincalanalysisTrend Analysis
Pipjager

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.