This is based on a 15 minute break of this trend line. I expect more ranging but will be interesting to see how this plays out. I am placing a very small lot on this trade. However i believe that EURUSD is still bearish long term and that bulls are exhausted on this pullback. London should show the way. Good luck!
Trade active:
Trade has hit our sell limit and continues to look good. As we may be approaching some support, feel free to take some profits! With the USD news coming up, this trade, will continue to be risky. Will continue to monitor.
Trade closed manually:
I closed. This pair I believe is range bound and we have very important USD news coming. I have honestly changed my outlook to a buy as bulls look to be gaining control of this pair for a slight retrace for a move up to 1.07-1.08 But will not take a position. But profit is profit so congrats to those who took the trade!
Comment:
Well can't win them all. Hopefully some of you held!
Trade closed: target reached:
Well I was not in this trade but for those who were congratulations!