EURUSD | Ursula aint having it | 1 long scenario

2023年10月27日

EURUSD recently took out a S/R level (S/R Level 1) (yellow circle). The level is based on the monthly chart and is also the bottom of a range that was generated before the last downtrend stopped.

Scenario (Orange arrow)
I will take a long if my requirements are met.
Requirements: Price manages to break above S/R Level 2.
Entry: Daily close above S/R Level 2
Invalidation: Price doenst go above S/R Level 2
S-L: After retake of the S/R Level 2 price falls back below it and atleast 2 daily candles closes below
Target: Lower green line (Currently a resistance level which facilitated the current downtrend)


Good luck

Disclaimer:
- My posts are mostly for my own journaling
- 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
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2023年11月3日

ノート

Price moved above S/R Level 2. Lets see if we get a daily close there

2023年11月7日

ノート

Daily close above S/R Level 2. What i dont like is how far price went up from a R:R point of view. I will only enter if price falls goes a bit lower but still stays above S/R Level 2.

2023年11月8日

トレード稼働中

2023年11月17日

ノート

Price close to target

2023年11月24日

トレード終了: 利益確定目標に到達

2023年11月28日

ノート

Will be uploading soon another trade for EURUSD