Just closed buys at EURCHFWhat's up folks, Just closed my buy on EURCHF
Let me explain
These are my confirmations\questions >
Question 1 - Was EURCHF in momentum (bullish or bearish)?
Yes, EURCHF is in bullish Momentum currently
Question 2 - Who is interested (at this time)?
Buyers are interested at this time
Question 3 - Where are their stop losses?
Stop losses would have been right below the highlighted levels (orange circle)
Question 4 - Have those stop losses been taken out?
Yes I believe Stop losses have been taken out already on EURCHF (orange zig zag line)
Question 5 - Does the set up make sense for me to pursue?
Yes I believe it makes sense for me to pursue this trade given the information I have
The trade was closed at 1:1.52, not the biggest or best trade but after almost 2 days, it isn't doing much so I will take what I have and run with it
I have many more confirmations I look for, this is just to simplify it so that I can quickly explain to you the reader
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