EURUSD Long IDEA Buy at 1.1245 Region (7:1 Return)
Idea is on the chart.
Price has made a new high, I'm looking to buy the pullback as I believe we should at least test the bearish trendline. I'll be looking for a harmonic to complete at the yellow zones.
if we get that it could be the possible C completion point of a Bearish Deep Crab, I will set my take profits for the D Leg or the 1.618 extension of XA (Same spot).
Which aligns with the bearish trendline we have drawn, as well as a previous level of institutional sell offs
I'll use roughly a 10 pip stop. As usually I will play it by ear depending on where I enter at.
Price has made a new high, I'm looking to buy the pullback as I believe we should at least test the bearish trendline. I'll be looking for a harmonic to complete at the yellow zones.
if we get that it could be the possible C completion point of a Bearish Deep Crab, I will set my take profits for the D Leg or the 1.618 extension of XA (Same spot).
Which aligns with the bearish trendline we have drawn, as well as a previous level of institutional sell offs
I'll use roughly a 10 pip stop. As usually I will play it by ear depending on where I enter at.