This week, I will not be surprised to see EURUSD correct towards 1.1770.
This is the PRZ of the gartley pattern.
At this PRZ zone, I will look at the volume indicator to give me clues on whether to enter.
Preferably, I will want to see a ultra high vol before it hits the PRZ.
Entry will be a strong green candle after the PRZ is fully tested.
EP: 1.1770
SL 1.1680
TP1 1.20
TP2 1.21
This is the PRZ of the gartley pattern.
At this PRZ zone, I will look at the volume indicator to give me clues on whether to enter.
Preferably, I will want to see a ultra high vol before it hits the PRZ.
Entry will be a strong green candle after the PRZ is fully tested.
EP: 1.1770
SL 1.1680
TP1 1.20
TP2 1.21
Note
No reaction no trade.No unusual volume coming in also.
EURUSD poised to head further south.
Will relook at it only when it breaks the downsloping trendline.
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.