Very short term trade idea on EURUSD
Although over coming days/weeks I think we see lower levels as wave five plays out following triangle (4th wave) breakdown (to 1.1350 zone) very short term there may be a long trade set up as we could see a wave c of mini second wave back up to 1.1640 ish
So trade would be buy 1.1560 with stop at 1.1540 (20 ticks) with a target 80 ticks higher for 4/1 rtn/risk payoff potential.
So trade would be buy 1.1560 with stop at 1.1540 (20 ticks) with a target 80 ticks higher for 4/1 rtn/risk payoff potential.
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.