SHORT TERM: 30MINS Candlestick Chart
EURUSD is still very Bullish according to the price pattern we have in this pair.
1.1485 is the Buyers Territory, it has been broken to the upside with momentum, that break confirms positioning and direction. [Traders Agreed on Price level] the formality that preceded that break has to happen.
A correction which is discounting price, the only time this will no longer be a correction is; If price breaks lower than 1.1436.
Trade Execution; Entry and Exits:
BUY: 1.1485
STOP LOSS: 1.1436 - 1ATR[-6PIPS]
1ST: TARGET [1.1540] CLOSE 50%
2ND: TARGET 1.1570] CLOSE 25%
3RD TARGET AND EXIT: 1.1597
Order cancelled
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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.