EUR.USD - Textbook Day Trading Opportunity
Updated
Currency Pair: EUR.USD
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Long
EUR.USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Long
EUR.USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Note
Price has spiked a little lower the i would have liked, given the current price i will be looking for a swing trade as opposed to a day trade into this morning.Note
Buy stop order now in place.Trade active
If you are day trading, keep an eye as price runs into the 4hr 50EMA.Trade closed: stop reached
-1% loss full disclosure.A great setup that ticked all boxes, simply didn't work in our favour.
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