"EURUSD H4 Analysis: Critical Levels and Potential Trading Oppor

2 maj 2024

#EURUSD H4 is currently at a critical juncture, presenting a decisive make or break scenario. Should the H4 successfully close above 1.0750, we can aim for a substantial buy opportunity up to 1.0847, offering nearly 100 pips with a stop loss ranging from 30-50 pips, thus providing a 2:1 risk-reward ratio.

Conversely, if the price encounters rejection within the range of 1.07311-1.07458, we can explore potential selling opportunities following confirmation. In this case, we would target a decline of 60-70 pips with a stop loss of 30 pips, also offering a 2:1 target.

In our strategy, the H4 candle closing holds paramount significance. A closing above resistance signals a buy opportunity, whereas a closing resembling an inverted hammer from the marked supply zone suggests a sell position.

It's crucial to avoid overexposure and manage risk effectively.

2 maj 2024

Uwaga

#Update EURUSD H4 The current price of EURUSD is present at our marked resistance zone . We should monitor how the market reacts within this zone. If the four-hour timeframe (H4) closes with a bearish pattern like an inverted hammer, we'll consider selling. Conversely, if the H4 candle closes above our previously identified resistance zone, we'll consider initiating a buy position as discussed with our earier message.Leave this setup if it acivates during tomorrows NFP Data News as technical failed during Big Fundamental news.

6 maj 2024

Zlecenie aktywne

#Update #EURUSD Price Has Broken the resistance now we are waiting for our BUY TGT