At the first glance it looks on the EURUSD daily chart as there where a lot of power in the upward direction. Yesterdays candle had a short wick on both sides, up and down. But here is a deeper look at the present situation more then necessary:
After studying this chart for quite a long time I decided following plan:
Entry Point: 1.0680
Stop Loss: 1.0700
Take Profit: 1.0580
So there are quite a lot of pips to take with a sound RR.
If this plan is going to be fullfilled then it is just a question about the timing. Will the TP get triggered today or tomorrow or at the end of the week? Let's see!
I wish you a very nice trading day and
a lot of pips!
After studying this chart for quite a long time I decided following plan:
Entry Point: 1.0680
Stop Loss: 1.0700
Take Profit: 1.0580
So there are quite a lot of pips to take with a sound RR.
If this plan is going to be fullfilled then it is just a question about the timing. Will the TP get triggered today or tomorrow or at the end of the week? Let's see!
I wish you a very nice trading day and
a lot of pips!