EURUSD BULLISH?
Updated
Good afternoon traders,
Last 2-3 trades we posted in our tradingview, successfully hit our target. However, one of them we got taken out at breakeven before it hit our target.
Today we see an opportunity to buy EURUSD at area around 1.02629 with stop around 1.02400.
Reason why we are buying here is that we see a clearly liquidity as marked in the chart, waiting to be taken and overall DXY and volume is in favour of bulls. However, not to be overexcited about this trade as its friday and market can decide to do shakedown and sweeps, so for now, we will only observce how EURUSD acts closer to our entry and wait for more confirmation before we decide to enter.. Also note that our entry is where there is Imbalance waiting to be filled.
DO NOT SET LIMITS BLINDLY. WE ARE WAITING FOR MORE CONFIRMATION BEFORE WE ENTER. THIS IS JUST AN OUTLOOK
As price moves, we will update more in the desciption of this post or our channel
Last 2-3 trades we posted in our tradingview, successfully hit our target. However, one of them we got taken out at breakeven before it hit our target.
Today we see an opportunity to buy EURUSD at area around 1.02629 with stop around 1.02400.
Reason why we are buying here is that we see a clearly liquidity as marked in the chart, waiting to be taken and overall DXY and volume is in favour of bulls. However, not to be overexcited about this trade as its friday and market can decide to do shakedown and sweeps, so for now, we will only observce how EURUSD acts closer to our entry and wait for more confirmation before we decide to enter.. Also note that our entry is where there is Imbalance waiting to be filled.
DO NOT SET LIMITS BLINDLY. WE ARE WAITING FOR MORE CONFIRMATION BEFORE WE ENTER. THIS IS JUST AN OUTLOOK
As price moves, we will update more in the desciption of this post or our channel
Trade closed: stop reached
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▶ Website - algotradinggroup.net
▶ FTMO Pass Results - t.me/FTMOResults
▶ Weekly Signals Reports - t.me/weeklypips
▶ Weekly Profits - t.me/ATGProfits
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