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Euro / U.S. Dollar
Long

EURUSD Long after Fed rates

By FranckIlunga
Updated
We saw Tuesday taking Monday's low and then Wednesday after Fed rates we saw Tuesday high taken. I am thinking since Sellside Liquidity has been taken we should expect a follow-up into opposite side Buyside liquidity above Monday's high.
Note
Beautiful momentum to the upside as expected. We are approaching 1.1120 as we target 1.1150
Note
Beautiful momentum to the upside as expected. We are approaching 1.1120 as we target 1.1150
Trade active
The idea is in profit
Note
Stop would be moved to breakeven here
Note
We have taken Monday high. Would like to see it go through 1.1150 into the imbalance to reach the target.
Note
If we see it under 1.1130 before it goes into the imbalance above 1.1150 then it might also go under 1.1120 again. At that point I would consider the idea has come to an end.
Trade closed manually
Position would be closed under 1.1130
Candlestick Analysisdollarshorteurusdlongeurusdpredictioneurusdtrade
FranckIlunga
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