EURUSD TRYING TO FIND SUPPORT
Updated
One more tactical trading Tuesday for your consideration:
We are back once again to that 1.15333 level after a major capitulation for euro.
Looking to go long again at this very crucial support zone as the buyers are jumping back in.
There are wicks going as low as 1.1505 but this is only corrective movement not to be confused with the overall uptrend.
Once 1.1500 is broken consider this trade idea invalid (as the sl suggests).
Trade safe, Trade well
We are back once again to that 1.15333 level after a major capitulation for euro.
Looking to go long again at this very crucial support zone as the buyers are jumping back in.
There are wicks going as low as 1.1505 but this is only corrective movement not to be confused with the overall uptrend.
Once 1.1500 is broken consider this trade idea invalid (as the sl suggests).
Trade safe, Trade well
Trade closed: stop reached
Price was complying with my projections but my target was way too ambitious.new tactical trades will be around 1.1300 depending on price action will choose a side but it is important to trade only s/r zones that are likely to tilt the odds in your favor.
consider this idea invalidated.
Thank you for your likes and comments.
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.