EURUSD: Daily buy opportunity, could evolve into a larger move
Updated
The Euro is set to rally from here, given the bottom in gold and in the Yen, together with bearish fundamentals for equities odds of this trade increase significantly.
Invalidation would be a move under this week's low, for the daily signal at least.
Cheers,
Ivan Labrie.
Invalidation would be a move under this week's low, for the daily signal at least.
Cheers,
Ivan Labrie.
Note
I've trailed stops tight here, market might consolidate and form a trend continuation signal over time...I've also doubled down, so, with very limited downside risk (would only lose some floating profit) we increase potential profits if price doesn't fall below my SL. Last: 1.15941Note
Note
#EURUSD bottomed here after correcting the recent advance, we can aim higher, let's be patient We doubled up near today's open and tightened stops.
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