EURUSD: BUY
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We were on a sell on EURUSD (signal sent on 01 September 2020) and we reached the first TP which happened to be along a trendline. What also happened on the same trendline (confluence) is a reversal pattern (head and shoulder pattern) hence we are currenty buying until we get a signal to the contrary. For a safer entry, it is advised that one waits for the current 4H candle to close before looking for an entry.
NB: TP could go higher than the indicated level.
We were on a sell on EURUSD (signal sent on 01 September 2020) and we reached the first TP which happened to be along a trendline. What also happened on the same trendline (confluence) is a reversal pattern (head and shoulder pattern) hence we are currenty buying until we get a signal to the contrary. For a safer entry, it is advised that one waits for the current 4H candle to close before looking for an entry.
NB: TP could go higher than the indicated level.
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