Correction and long price target for EURUSD in upcoming weeks.
Open position at 1.202 and T/P at 1.23.
The 1.202 is a value given by my trading algorithm that's based on volatility and market force
Open position at 1.202 and T/P at 1.23.
The 1.202 is a value given by my trading algorithm that's based on volatility and market force
Note
Target of the short at 1.202 has just been reached, as soon as the market turns bullish at the 4 hour will start the long... so far so good!!Note
so far so good, it needs to chill a bit but i believe will hit the 1.23 level again within these two weeksNote
This crazy move downwards makes me thing main funds are going to grab more liquidity and close some S/L, my algorithm is targetting it to reach 1.2034 level at least, then it will finally proceed to 1.23.Note
thinkNote
it went to grab more liquidity at around the 100 EMA, now is ready to move to target, probably within this week time frameNote
Critical level right now, if we don't close the daily candle above 1.2115 there might be a bloody thursday in this pairTrade closed: stop reached
It was bloody indeed, i saw it coming yesterday, but not this deep.This will be a volatile pair in the next few days
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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.