Hello everyone this is my EURUSD idea on daily time frame ..
From the chart price is about to breakout in a direction .. this will be a strong breakout so better to be careful
Our entry will be short (sell ) or long ( buy ) based on the breakout ..
If price close below green line ( daily candle close ) we short ( sell ) to target zone below our stop loss is previous high
to support our idea in the RSI indicator price need to breach the lower line
Our long entry will be a daily candle close above red line to target 1.26500 our stop loss will be a daily candle close below green line
to support long idea price need to breach the higher line in the RSI indicator
for any question feel free to ask and good luck :)
From the chart price is about to breakout in a direction .. this will be a strong breakout so better to be careful
Our entry will be short (sell ) or long ( buy ) based on the breakout ..
If price close below green line ( daily candle close ) we short ( sell ) to target zone below our stop loss is previous high
to support our idea in the RSI indicator price need to breach the lower line
Our long entry will be a daily candle close above red line to target 1.26500 our stop loss will be a daily candle close below green line
to support long idea price need to breach the higher line in the RSI indicator
for any question feel free to ask and good luck :)