EUR/USD Complete Long
- EUR/USD market structure is bearish with Lower High's and Lower Lows being created, the low was complete and I was looking for a retest of the strong resistance above so my bias was temporarily bullish.
- Price was then consolidating withing these two levels on the 4hr, I could've waited for a more clear break and retest but it showed nice rejection and there was a crossover on the SMA's with bullish indication.
- So I entered a little earlier with TP at the strong resistance level, TP was hit with 0 drawdown and 80 pips secured.
- Price was then consolidating withing these two levels on the 4hr, I could've waited for a more clear break and retest but it showed nice rejection and there was a crossover on the SMA's with bullish indication.
- So I entered a little earlier with TP at the strong resistance level, TP was hit with 0 drawdown and 80 pips secured.
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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.