Trend Is Your Friend We've been running long on EURUSD and have a failed opportunity on our monthly retracement (check tag link). After the major break made this week on the highest level, I see the market going further to make a new high near the monthly support zone. This level is complemented by Fibonacci ABCD pattern. A retest/retouch is always a compliment to the setup and a good confirmation.
Trade active
trade is yet to be initiated as we wait for the confirmation retest
Trade active
trade initiated
Trade closed manually
this trade has taken too long to play out. its advisable to quit
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