Opportunity for a long position on the EURUSD. See chart for confluences but listed below:
Long term uptrend
Loss off momentum around fib 0.5 (Currently looking for a higher low to form here)
Daily candles - spinning top and hammer
Stops below previous low. Target is monthly/yearly resistance @ 1.08600
Long term uptrend
Loss off momentum around fib 0.5 (Currently looking for a higher low to form here)
Daily candles - spinning top and hammer
Stops below previous low. Target is monthly/yearly resistance @ 1.08600
Operación cerrada: objetivo alcanzado:
Stopped out but re entered upon test of fib 0.382 & bullish reversal. Over 170 pips bagged on this trade