FX Price Action
017 - EURUSD: Zigzag Flipzone Short (15R)
017 - EURUSD: Zigzag Flipzone Short (15R)

017 - EURUSD: Zigzag Flipzone Short (15R)

Type
Live
Date
October 22, 2020
Pair
#eurusd
TP1
10
TP2
15
Concepts
#ZigZag#trendline#Liquidity#Flipzone
Publish

BIAS & PAZ / SETUP

Retest of broken daily #trendline with #zigzag. #liquidity #flipzone entry pattern #RP09
Retest of broken daily #trendline with #zigzag. #liquidity #flipzone entry pattern #RP09

TRADE UPDATE

1st Target 10R reached
1st Target 10R reached

TRADE RESULT

Final target reached of 15R
Final target reached of 15R

NOTES

After a big bullish run, market had a long period of consolidation before breaking lower. (Daily) Market then created a #zigzag correction and a retest of the broken #trendline for our PAZ. Here we had our #RP09 form for a textbook entry that yielded over 15R to the next #liquidity point. Even though market didn't reach the lower level marked, this was still a trade that could've made your month

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