EURUSD Long from a Weekly Zone. HTF Trend confirmation, entry of a 4H bullish pullback for added confluence. Entry below the last structure with a breathing room of 5-7 pips. Good trend momentum based on Aroon (21). Bullish BOS on 15M and Bullish Engulfing used as entry.
Trade active:
We have lift-off.
Comment:
Price playing around the entry. Weak hearted souls can take their exit.
Trade active:
We have lift-off (again)
Trade active:
Trade floating +1.5R.
Comment:
We'll be holding this one all the way through. See the video update in the related ideas below for more explanation.
Comment:
Trade consolidating a little at +1.5R
Comment:
Durable Goods Orders forecast is at -4.9% which is possibly a bit pessimistic and may be EURUSD's downfall in the short run. It will be beneficial to USD. Closing the trade at 1.5R
Trade closed manually:
+1.5R
Trade closed: target reached
