Draghi: "The Euro cannot go any higher, it must go down."
Updated
The reasons for this trade are based on
the geometry and algebra in the image above
the geometry and algebra in the image above
Comment
I will be watching the next daily bar.Comment
the length of the next daily barwill show us how badly support is broken,
and how likely price will continue
Comment
Also, the momentum from today's bar,will carry over to tommorow.
First Target is todays bar,
Second Target is tommorows bar,
Full Target is about 4 daily bars
Trade active
Also, note the today's daily bar low,it will be support for the next daily bar,
and it will give a hint about how far price will extend.
Trade active
I moved the stop loss to break even plus a few pips, now we just wait
Trade closed: target reached
trade closed target reachedTrade active
trade re-opened at 1.060000Trade closed manually
trade closed trade closedTrade closed: target reached
eurusdDisclaimer
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