1.0633 and 1.0645 Eurusd. Clear Market Structure
Updated
We had Buyers use data to grab lower prices at 1.06. Time will tell if this is accurate. If we maintain market structure, In the short term, I see no reason why we could not touch 1.0645.
I concluded this from previous daily close. 1Hr and 4hr candle closures must respect 1.06230 1Hr Zone. Price Currently is at 1.06237. Though considering price gapped down over the weekend
by -.1% ,, it does not erase last daily candle closure. Bullish 36 Pip Body Candle. Idk seems sus considering previous bearish engulfing. We'll see. Riding Intraday Moves on EU requires flexibility.
I concluded this from previous daily close. 1Hr and 4hr candle closures must respect 1.06230 1Hr Zone. Price Currently is at 1.06237. Though considering price gapped down over the weekend
by -.1% ,, it does not erase last daily candle closure. Bullish 36 Pip Body Candle. Idk seems sus considering previous bearish engulfing. We'll see. Riding Intraday Moves on EU requires flexibility.
Trade closed: target reached
Very Low Drawdown on this trading idea! 1.0645 hit in first asian session of weekTrade closed: target reached
Note
Trade closed manually
2 More TradesTrade 1 -.90R
Trade 2 +2.90R
Revenue +2R
Commissions -.45R
Net +1.55R
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.