davidchalker

eurusd corrective structure

Long
davidchalker Updated   
FX:EURUSD   Euro / U.S. Dollar
0
price has bounced and looks poised to move upward. Be watchful for price moving down below lower trend, this invalidates trade.
Trade active:
Price looks to have retraced sufficiently, this would be a good time to reenter trade if you took profits, or add a position. Again, be wary of price dropping down below lower trend.
Trade closed: stop reached:
Price dropped out and broke through trend, stop reached.

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