VasilyTrader

EURUSD: Planning Long Entries For Next Week!

לונג
FX:EURUSD   יורו / דולר אמריקאי

hey guys,

on EURUSD chart we see a perfect example of how a trader can variate a risk:

we have three perfect entry levels for long trade:
1.08 level - current structure (previous low)
1.07 level - current structure low
1.06 level - support of the major channel

1.06 level gives the safest long entry with a very tight stop and high potential reward.
historical perspective is on our side here, and we see that after each test of the channel's support in the past,
we saw a strong rally to the upside.

1.07 level is a moderate entry from a current structure low. here we play as a skeptic,
not believing that the market is willing to push below the current low.

1.08 levels is an aggressive entry. here we assume that the market is way oversold already,
and even if the current lows are close enough, bears are already exhausted.

I am suggesting enter at least from 1.07 level but only after a good signal
or try to catch the market from the support of the channel!

What are you planning to do?





✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.