EUR / USD 1.21915 - 0.02 % LONG IDEA * STRUCTURE & PRICE ACTION HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE EUR / USD PAIR FROM THE 4H CHART.
* On the monthly chart the sentiment is net long as we saw a break above of the descending channle looking for continuation of this move,the pair broke out of the descending structure and is currently rallying up with the bulls, a break above of resistance 1.25755 will signal and confirm this notion.
On the weekly the sentiment is more or less the same, the pair is net long
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
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.
