EU is continuing its bullish trend after the open on Sunday. I'm only looking for a small amount of Risk to Reward since there usually isn't much activity on the FX market. My entry is off the bullish trendline found in the 4hr chart and it's also right above 4hr FVG so it has a great Stop Loss placement under that FVG. My Take Profit is in the 1.0800, right where price has tested before very recently.
Note
price did not reach the take profit and seems to respect a fair value gap that was made last month on the 4hr chart so I am thinking of possibly closing the position.
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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.