EURUSD | Long scenario | Ursula´s second last stand

Be aware this is a countertrend trade.

While i see more downside on the EURUSD i am currently looking to take a long position if the following requirements are met (as visualized with the red arrow):

- Price takes out the recent swinglow
- Price reclaims TLI 1 and i want to see atleast a tap of it (better an open / close of a candle) above S/R Level 1
- Open long on retest

Target: Below 50% of the range and the next strong resistance level
Stop- Loss: No open/close of a candle below the tap that took out the recent swinglow



Good luck

Disclaimer:
- This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor.
- You trade entirely at your own risk
- Make your own research
- Finance and trading is evil, capitalism is bad, duh ;)

הערה:

Price closed under TLI 1 - lets see if we get an reclaim

הערה:

So far no reclaim

עסקה סגורה: הגיע לסטופ:

Forgot to update the idea. S-L was triggered