DAILY TRADE SETUP - Page 22 - MyTradingLand.com

@nsg_usd - 7 hours ago

EU buys trade is still under verification, I used my fib tool to mark the current swing low to swing high and price is still trading at the supply level of the swing low to swing high, so I will wait for price to reach the 38.2 level then I will look for buys base on the rejection and breakout model

My Long Expectations on EURUSD is at your 23.8 fib level.
Entry: 1.1234
SL:1.1217
but it is a Monday expectation.

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@asuquokelvin - 7 hours ago

Quoted - nsg_usd

My Long Expectations on EURUSD is at your 23.8 fib level.
Entry: 1.1234
SL:1.1217
but it is a Monday expectation.

I won't set a limit order I would want to see price react before buying

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@nsg_usd - 6 hours ago

Quoted - asuquokelvin

Price is showing some rejection on Eurusd, I won't rush into buys yet I will wait for a good rejection and breakout on a lower timeframe then I will buy

The trading volume is low and that will make price to have slow momentum.
a break below that level and price will continue down to my entry level at 1.1234 and a break below 1.1217 will invalidate the trade setup.

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@nsg_usd - 1 hour ago

Quoted - asuquokelvin

But instead why not stick to the original trend untill it gets invalidated at 1.12297 level

EURUSD is still not fully confirmed as a bullish trend for me, until price invalidates the bearish resistance level. I'm positioned for sells next week.
Entry: 1/1305
SL: 1.3232

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