EURUSD London Breakout Strategy 15th of March 2019
Updated
Buying.
REASONS:
* Above 50-78 EMAS
* Broke the 4h box upward
* Yesterday short move dried out
* Hope it will at least test the upper bound channel
WHAT COULD GO WRONG:
The downward momentum will continue.
REASONS:
* Above 50-78 EMAS
* Broke the 4h box upward
* Yesterday short move dried out
* Hope it will at least test the upper bound channel
WHAT COULD GO WRONG:
The downward momentum will continue.
Trade closed: stop reached
RESULT: -14PIPSTOTAL FOR THE MONTH: -33PIPS
TIP: "The stop was a bit too narrow. It should be at least 20 pips."
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.