TrippleA1

EURUSD BUY ANALYSIS

לונג
FX:EURUSD   יורו / דולר אמריקאי
Starting from the weekly Order block, which price is testing. Same fractals of RSI divergence and its reactions to price has been marked as well. A descending channel is forming which is more visible on the 4hr timeframe, the bias is support with bullish divergence on the daily. OB/divergence/support/descending channel. my first entry will be the mid point of the order block, and the second entry at the last support, to be more careful, you can wait for a change in market structure or the breakout of the descending channel. it is a good set up support with good bias, but apply your stop loss because the market can be irrational. Stop loss below the support after a confirm breakdown and retest to avoid stop loss hunt. I hope you enjoy this. Like, follow and comment
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