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LO buy model
Euro / U.S. Dollar
Long
LO buy model
By hopiplaka1
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Updated
Dec 21, 2018
4
Dec 21, 2018
LO ran yesterdays LC stops, and expanded.
Now retraced into the 1H mitigation block, target old highs
Dec 21, 2018
Note
THe 1.1460 level should not act as a resistance
If we brake 1.1444 we might need to switch bias
Dec 21, 2018
Trade closed: stop reached
Seems like a classic LO Z-day
If price stays around the 1.1420 level and move up, NYO might range between 1.1444 and 1.1464
Dec 21, 2018
Note
1.1420 didn't act as support for LO-zday.
As it is now NYO and it became resistance, we seek lower prices.
Expecting a Sell day until LC
Dec 21, 2018
Note
Mitigated loss during NYO.
1.1421 was a nice resistance, tp at 1.1385. That's still 20 pips profit even with a loss
EURUSD
Trend Analysis
hopiplaka1
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