Tradingwithtamil

EURUSD: Pending Order Execution Restricting the Buyers & Sellers

Long
Tradingwithtamil Updated   
FX:EURUSD   Euro / U.S. Dollar
Hi traders,

In a 4hr time frame, EURUSD engraves a solid buy setup, not from the current Zone the pair's likely to revisit the 1.13619. A pullback from the current zone may enable the pending order execution. A correction formation from the current price range will re-highlight the 1.13619.
As traders wait until the price range revisit the 1.13619 with a pullback set-up from the current zone. This correction formation might tend a throwback Impulse to the Top In order to fetch the Number 1.14788.

On the other hand, a week pullback correction formation may continue to decline the price range beyond 1.13619. In this case, traders please look for a throwback action before 1.12807. Or else, end your trade on or Before 1.12807.

Signal Specifications

Pending Entry: 1.13619

Take Profit: 1.14788

Stop Loss: 1.12807

R/R: 1.44.

Happy trading.

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Trade active:
EURUSD ready to take a direct Hit, price range reaching the TP without a Break.
Trade closed: stop reached

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