Quick Long EURUSD
Looks like EURUSD has bottomed on the hourly. Price action was in my discount area so I scooped up some longs. Target is a previous swing lows now turned resistance. Stop will be a new swing low.
Target - 1.0765
Stop - Under 1.0700
Target - 1.0765
Stop - Under 1.0700
Note
If Price gets up to my target area, I may switch back to shorts and trade with the trend. This long trade is against the trend, so I have been more defensive and gone with a smaller trade size.Trade closed: stop reached
Closed partial with a small profit, but ended up hitting my stop. Countertrend trades are like that though.
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.
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.