Julio Garcia / Profil
- Information
6+ Jahre
Erfahrung
|
0
Produkte
|
0
Demoversionen
|
0
Jobs
|
0
Signale
|
0
Abonnenten
|
Engineer
in
HSBC
Freunde
134
Anfragen
Ausgehend
![Julio Garcia](https://c.mql5.com/avatar/2024/5/663a8e9c-2e94.jpg)
![Julio Garcia](https://c.mql5.com/avatar/2024/5/663a8e9c-2e94.jpg)
Julio Garcia
EURUSD is moving downwards; it has broken 1.1770 and may continue falling towards 1.1695. After that, the instrument may grow to return to 1.1770 and then resume falling inside the downtrend with the target at 1.1560.
EURUSD
EURUSD
![](https://c.mql5.com/1/95/EURUSDH4-636624893307345017.png)
![Julio Garcia](https://c.mql5.com/avatar/2024/5/663a8e9c-2e94.jpg)
Julio Garcia
Short Trades
Short entry following a bearish price action reversal on the H1 time frame immediately upon the next touch of 1.1875 or 1.1897.
Put the stop loss 1 pip above the local swing high.
Move the stop loss to break even once the trade is 20 pips in profit.
Take off 50% of the position as profit when the price reaches 20 pips in profit and leave the remainder of the position to ride.
Long Trades
Long entry following a bullish price action reversal on the H1 time frame immediately upon the next entry into the zone between 1.1817 and 1.1813 or the next touch of 1.1794.
Put the stop loss 1 pip above the local swing high.
Move the stop loss to break even once the trade is 20 pips in profit.
Take off 50% of the position as profit when the price reaches 25 pips in profit and leave the remainder of the position to ride
The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a pin bar, a doji, an outside or even just an engulfing candle with a higher close. You can exploit these levels or zones by watching the price action that occurs at the given levels.
Short entry following a bearish price action reversal on the H1 time frame immediately upon the next touch of 1.1875 or 1.1897.
Put the stop loss 1 pip above the local swing high.
Move the stop loss to break even once the trade is 20 pips in profit.
Take off 50% of the position as profit when the price reaches 20 pips in profit and leave the remainder of the position to ride.
Long Trades
Long entry following a bullish price action reversal on the H1 time frame immediately upon the next entry into the zone between 1.1817 and 1.1813 or the next touch of 1.1794.
Put the stop loss 1 pip above the local swing high.
Move the stop loss to break even once the trade is 20 pips in profit.
Take off 50% of the position as profit when the price reaches 25 pips in profit and leave the remainder of the position to ride
The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a pin bar, a doji, an outside or even just an engulfing candle with a higher close. You can exploit these levels or zones by watching the price action that occurs at the given levels.
![](https://c.mql5.com/1/94/20180516.jpg)
: