DislikedYou can see from my EU chart that I got targets North and South. Since you're interested in my trading method I though I would share something that I have learned over my time with FX. It may seem odd, but I never try to make any predictions on where PA (Price Action) will go or why. I just try to be prepared either way. A lot of money can be lost trying to predict where price is going to go next. It is similar to trying to predict the weather. You can try to predict it and only bring an umbrella when you think it's going to rain and sometimes you'll...Ignored
As for the chart, I have questions:
(1) Why is the weekly R2 so significant (where you have sell limits)? In other words, what is the confluence you see?
(2) how do you figure out weekly S/R? (MT4 indy? or figures from online?)
(3) Have you ever had a problem with limit orders? (spikes or any unseen events)? I've never used limit orders, but it's interesting.
(4) My take for EU is this: A: it going down along with the immediate down trendline. B: it's going up and hits the bigger down trend line, then forms a channel.
Again, thank you very much for taking your time for me. I'm learning a lot!