This is EURUSD at the final shark PRZ which is derived from XC 113 and BC extension.
EURUSD correlates with DXY which i analyzed yesterday.
Therefore, do not execute trades on both setup, choose one so that you limit your risk exposure.
When the 4 hour candle closes above the PRZ, you can consider your long entry.
SL will go 20 pips below XC 127.2
PRZ 1.1240
SL 1.1140
TP1 1.1520
TP2 1.1750
Good luck and good trading!
EURUSD correlates with DXY which i analyzed yesterday.
Therefore, do not execute trades on both setup, choose one so that you limit your risk exposure.
When the 4 hour candle closes above the PRZ, you can consider your long entry.
SL will go 20 pips below XC 127.2
PRZ 1.1240
SL 1.1140
TP1 1.1520
TP2 1.1750
Good luck and good trading!
