EUR/USD 4H - As you can see price is playing well up to now, for those of you who have gone with the aggressive approach you should up now about 1% from this trade. I will be looking to jump in once we see price break above the area in price marked out.
As I mentioned earlier a break above price at 1.0392 would confirm to us that price is in-fact ready to put in another higher timeframe impulsive wave to the upside giving us the means to look to go long in this market longer term.
This trade is currently running + 14 pips. (+ 1%) 1RR
A big well done to those crazy few who may have jumped in on this trade early, its not completely out the ordinary as we do have confluence, we just dont have confirmation yet.
If you have any questions with regards to the analysis I have provided on this pair please drop me a message or comment below and I will get back to you as soon as possible.
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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.