(LOSS) EUR/USD Short-term Long Reversal (2.7:1 risk/reward)
A bit of a speculative long reversal play which has burned me more than a few times already but this position is a more ideal spot to go long than my previous long position which was doing perfectly fine until news came out.
Re-entering the same position just to see how it plays out. Still like this fib powered play and went long closer to structured support which was not broken despite news drop.
WARNING: I really should have waited until fed speech but I still overall like the play purely on price action.
UPDATE: Got burned.
Re-entering the same position just to see how it plays out. Still like this fib powered play and went long closer to structured support which was not broken despite news drop.
WARNING: I really should have waited until fed speech but I still overall like the play purely on price action.
UPDATE: Got burned.
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