EURUSD | 1H | AB=CD showing Potential Reversal Zone
-- Harmonic pattern indicated a potential resistance zone at "D"--
Strategy is to take entry at point "C" through Buy Stop. Once the price reaches point "D", I will anticipate a bearish reversal and then play a trending entry after first LL and LH is reached
Entry Price - 1.09269
Stop Loss - 1.07819
Take Profit 1 - 1.10719
Take Profit 2 - 1.12178
Lot size - 0.13
Risk at 1%
Strategy is to take entry at point "C" through Buy Stop. Once the price reaches point "D", I will anticipate a bearish reversal and then play a trending entry after first LL and LH is reached
Entry Price - 1.09269
Stop Loss - 1.07819
Take Profit 1 - 1.10719
Take Profit 2 - 1.12178
Lot size - 0.13
Risk at 1%