AlgoTradingGroup

EURUSD BUYING

Long
FX:EURUSD   Euro / U.S. Dollar
Good afternoon traders,

Our previous trade was unlucky. However 4 trades before that we posted in tradingview were successful, so we are happy to accept -1% loss

As you can see that the last buy trade had run through our stop, turning demand into the supply.

We now found another buy opportunity in EURUSD as it took the liquidity on the left while DXY didnt take the buy side liquidity.

We noticed SMT divergence between DXY and EURUSD, giving us a buy signal which we have now entered with the SL 1.01841

We are targeting the imbalance closure as our first target. However price can continue upwards even more.

We will update as price moves
Trade active
Comment:
Moving SL to entry

Risk Free


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