EURUSD Waiting for confirmation

l’altro ieri

1. Time Frame:
- Daily: FVG Identification
- H4: FVG Identification
- H1: Entry Signal

2. Fair Value Gap (FVG):
On the H4 chart noted a Fair Value Gap (FVG) between 1.0380 - 1.0466
On the Daily chart also note FVG between 1.0422- 1.0480

3. Trend Confirmation:
Price has break support at 1.0453 with massive net sell volume.
Price has rise back to Daily & H4 FVG area.

4. Position:
Entry: Waiting for confirmation
Stop Loss : 1.0485
Take Profit: 1.0345 & 1.0240 (fibo 161.8 & previous low)
RRR : 1:xx

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Disclaimer

The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.