Weekly: strong bullish
Daily: we got a lot to support this bullish setup, flip & moving average & demand zone. The target is 1.4
The issue is that the zone is a bit wider. The 65 bps stop loss is almost the double of my normal setup. So, set the alert and watch the price action is necessary.
Trigger: price reaction on the 60m TF, e.g. double bottom, bullish engulfing...
Daily: we got a lot to support this bullish setup, flip & moving average & demand zone. The target is 1.4
The issue is that the zone is a bit wider. The 65 bps stop loss is almost the double of my normal setup. So, set the alert and watch the price action is necessary.
Trigger: price reaction on the 60m TF, e.g. double bottom, bullish engulfing...
Note
okie, the daily day touched and triggered the alert. Let's zoom in the smaller timeframe. Dollar index seems pretty strong. Be cautious of the long setup. Note
got some response inside the zone.
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plan your trade and trade your plan
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.