EU - Long
Updated
I"m long after support retest held. Can see the bullish price action off of support. Price is currently at resistance level and needs to push through.
I'm long at 1.16262; SL @ 1.15900 (but may tighten it); TP1 @ 1.16900, TP2 @ 1.17100. I watching price action around 1.16690 area and would consider taking some profits at that point. The TP2 is just below the pinbar seen on the weekly chart (below). That shows a resistance zone around 1.1717 - 1.1734 area.
M:
Last month ended with a bullish pinbar. Shows evidence of a new trend with HH/HL.
W:
Bullish pinbar that is seen on Monthly is not as evident on weekly chart. Instead break down of support and hold of resistance with a bearish pinbar.
D Wideview:
D Zoom:
4H:
1H;
I'm long at 1.16262; SL @ 1.15900 (but may tighten it); TP1 @ 1.16900, TP2 @ 1.17100. I watching price action around 1.16690 area and would consider taking some profits at that point. The TP2 is just below the pinbar seen on the weekly chart (below). That shows a resistance zone around 1.1717 - 1.1734 area.
M:
Last month ended with a bullish pinbar. Shows evidence of a new trend with HH/HL.
W:
Bullish pinbar that is seen on Monthly is not as evident on weekly chart. Instead break down of support and hold of resistance with a bearish pinbar.
D Wideview:
D Zoom:
4H:
1H;
Trade closed: stop reached
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