Technical Analysis for EURUSD on July 8 (Supply and Demand)
تم تحديثه
Market Conditions:
Entry:
Enter short positions after the price touches the H4 supply zone.
Exit:
Take profits at the H1 demand zone, ensuring a 1:1 ratio for safety.
Recommendation:
Monitor the price movements closely and be prepared for potential fluctuations, adjusting your strategy as necessary. Given that this is a counter-trend trade, it's important to manage risk carefully and consider taking partial profits along the way.
- Daily, H4, and H1 timeframes are showing an uptrend.
- However, the M15 demand zone has been broken, and just above is the H4 supply zone.
- This indicates a potential counter-trend setup as shown in the chart.
- Exercise extreme caution as this is a counter-trend trade.
- The expected R:R ratio for this trade is 1:1 to ensure safety.
Entry:
Enter short positions after the price touches the H4 supply zone.
Exit:
Take profits at the H1 demand zone, ensuring a 1:1 ratio for safety.
Recommendation:
Monitor the price movements closely and be prepared for potential fluctuations, adjusting your strategy as necessary. Given that this is a counter-trend trade, it's important to manage risk carefully and consider taking partial profits along the way.
أغلقت الصفقة: تم الوصول للهدف
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.