Elite Trade Signals – Crypto | Forex | Gold
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LONG 🔰

EUR/USD

ENT : 1.13498
SL : 1.13450
TP : 1.13604

RISK : 1%

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If price retraces back to the marked zone on lower timeframes, spot positions can be considered, targeting the levels shown on the chart.

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If the channel breaks and we get a pullback, long positions can be considered.

Once the channel breaks, I will look for FVGs and Order Blocks and share updates inside the channel.

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After price consumes the buy-side liquidity, we expect it to be pulled lower.

However, for higher confirmation, we will wait for a downside break of the channel and only enter on a pullback.

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In the 15-minute timeframe, a wedge has formed.

If price breaks and closes below 1.935 followed by a pullback, short positions can be considered.

We will only trade if the conditions mentioned above occur.

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If the channel breaks and FVG liquidity is swept, we can enter long positions after the required confirmations.

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Price appears to favor continuing its downward trend.

The only scenario in which price could move against the trend and push higher is if it engulfs the 0.14984 level, followed by a pullback that provides a valid entry for higher targets.

Important: For the breakout to be valid, price must break above 0.14984 with a strong candle; otherwise, the move is likely to result in a fakeout.

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LONG POSITION

EUR/USD

ENT : 1.14163
SL : 1.14165
TP 1: 1.14210
TP 2 : 1.14240
TP 3 : 1.14280

RISK 1%

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After the FVG liquidity is swept, we can expect price to drop toward 61,150.

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