Hello guys,
Today i'm looking at an opportunity to enter long on the EURUSD 4H as price action retraced to previous structure resistance (previous highest high). This happens to be at a 50 % retracement of the leg. You can shoot for a target at retest of previous structure high at around 1.0696 with a stop loss at around 1.0534, ensuring a 1:1 risk / reward.
If you like this and want me to keep sharing what i'm looking for, please give it a like.
Enjoy !
Today i'm looking at an opportunity to enter long on the EURUSD 4H as price action retraced to previous structure resistance (previous highest high). This happens to be at a 50 % retracement of the leg. You can shoot for a target at retest of previous structure high at around 1.0696 with a stop loss at around 1.0534, ensuring a 1:1 risk / reward.
If you like this and want me to keep sharing what i'm looking for, please give it a like.
Enjoy !