Euro / U.S. Dollar
Long
Updated

EUR/USD Minor Low Breakout

74
2/19/23: Put on the wrong chart...lol

Trend has turned R/Y after a strong uptrend. Aggro bounce here at support.

Volume and Vscore support. RAF at Extremes. Darvas 3.0 and Darvas levels.

Buy on break of /6e - 1.0715 and EUR/USD - 1.0705.
Or Buy FXE options on the break of EUR/USD
16Jun23 100Calls. OI is thin @ 300.

Profit#1 @ 1.0820 - 50% Fib and Volume Resistance.
Stop Loss - 1.0595 - minor low wick.
Note
Breakout still in play, but has shifted lower with the pullback in prices.

Buy on Breakout of 1.0640
Profit Target: 1.0730 (volume level - could be used as a Breakeven and wait for 1.0795 to even trade ratio)
Stop Loss : 10525 (use 200 propulsion as support).

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