EURUSD Bullish Signals - LONG

EURUSD Timeframe: 1H

BULLISH SIGNALS

1. Bullish Pennant
2. MA10 reversal
3. Oversold
4. DXY bearish signals

WAIT FOR

1. Pennant breakout
2. Next higher low + higher high

TP1: 1.1634 (~30 pips - RRR: ~3:1)
TP2: 1.1669 (~65 pips - RRR: ~5:1)
TP3: 1.1699 (~95 pips - RRR: ~8:1)
TP4: TRAIL stop after TP3 with 120 points

STOP-LOSS: 2 pips below the lowest low of the last 3 candles after the breakout

RISK: ~12 pips

TIPS

Move your stop accordingly
TP1: Break-even
TP2: TP1
TP3: TP2
TP3+12 pips: TP3

Disclaimer
The information provided is for informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs.

Order storniert:

Pennant break-out did not occur. This trade was not executed