EURUSD buying opportunity in H4 with reasonable RR ratio
Since last Friday the recent spike upwards toward 1.2200 was well spiked, and hence created an all time high for the past three years, hence more bullish is expected as higher highs was created.
Personally, im expecting some pullbacks for this pair now, and I'll place my buy limits around my 38.2% fibo levels or even 50%/61.8% fibo levels.
Reasons to enter:
1. Am expecting the price to hit back words the trenlind.
2. Am expecting a retest of EMA will be needed before going even higher.
3. Weekly resistance of 1.2075 must be tested and see whether it becomes a valid support or not.
Personally, im expecting some pullbacks for this pair now, and I'll place my buy limits around my 38.2% fibo levels or even 50%/61.8% fibo levels.
Reasons to enter:
1. Am expecting the price to hit back words the trenlind.
2. Am expecting a retest of EMA will be needed before going even higher.
3. Weekly resistance of 1.2075 must be tested and see whether it becomes a valid support or not.
ปิดการเทรด ด้วยตนเอง
TP was hit! But limit was not hit. It fly up too fast and didn't have a chance to enter. better luck next week all ;)
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