LONG SETUP ON EUR/USD
price made a choc on higher time frame so we are likely expecting the price to pullback at the area swing low where the buyer stepped in and will target the high of pullback
considering the price from current level the trade indicates fair value of 1:2 on risk to reward
buy 1.07915
sl 1.07500
target 1.08700
note that this demand zone can be temporary as our main demand zone as per earlier analysis is still non mitigated at the level of 1.0660
considering the price from current level the trade indicates fair value of 1:2 on risk to reward
buy 1.07915
sl 1.07500
target 1.08700
note that this demand zone can be temporary as our main demand zone as per earlier analysis is still non mitigated at the level of 1.0660
Note
price is taking test drive before main trend dont get into fomo this type of moves are good only for scalpers
Note
price back to medium time demand zone make sure you enter the trade only when price has created higher low and higher high on 15 min chart
Order cancelled
avoid this trade, we were supposed to buy on higher and higher low (this also mean we needed a choc, change of trend from negative to postive) for that we need to clear 1.08843 which above our target area ill update the short side trade soon before market opens ;)
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