Goood morning ladies & gents.
After taking out an area of buy-side liquidity, EURUSD fell into a multi-day consolidative range - today it broke to the upside.
Now, EURUSD remains bullish. I'm looking for a pullback to this area (1.22305) where I'll be looking to take a long position with my take profit at the monthly swing high.
Commitment of Traders data report states that EURO is extremely bullish & dollar is extremely bearish; hence, supporting a EURUSD long bias.
I'll be looking to scale out at multiple points in this trade.
I wish you all a profitable week ahead.
- AmplaFX
After taking out an area of buy-side liquidity, EURUSD fell into a multi-day consolidative range - today it broke to the upside.
Now, EURUSD remains bullish. I'm looking for a pullback to this area (1.22305) where I'll be looking to take a long position with my take profit at the monthly swing high.
Commitment of Traders data report states that EURO is extremely bullish & dollar is extremely bearish; hence, supporting a EURUSD long bias.
I'll be looking to scale out at multiple points in this trade.
I wish you all a profitable week ahead.
- AmplaFX
Trade active
Trade closed: stop reached
SL @ Breakeven. 0%
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.