Giving this a 25 pip stop:
EDIT:
By the time ive posted these ive already taken out 12.1 pips on EU. I'm just not patient enough neither do i feel the energy or the way EU moved out of that zone to be enough to warrant me risking 25 pips for it when i can take out 12 on a scalp. These are decisions you need to make on the fly while trading. What i've provided here is a simple Setup that was verified by a demand zone even though only the top and 5m Price action. The downsides were the huge bearish structures to the left, and the fact that on higher timeframes (1hr) this looks like a bearflag and the overall bearishness of the EUro.
EDIT2:
This is my doodle chart on EU, i sometimes watch it in combination with S/D and A.
Good night
EDIT:
By the time ive posted these ive already taken out 12.1 pips on EU. I'm just not patient enough neither do i feel the energy or the way EU moved out of that zone to be enough to warrant me risking 25 pips for it when i can take out 12 on a scalp. These are decisions you need to make on the fly while trading. What i've provided here is a simple Setup that was verified by a demand zone even though only the top and 5m Price action. The downsides were the huge bearish structures to the left, and the fact that on higher timeframes (1hr) this looks like a bearflag and the overall bearishness of the EUro.
EDIT2:
This is my doodle chart on EU, i sometimes watch it in combination with S/D and A.
Good night