marketdiverfx

eurusd weekly

Long
marketdiverfx Updated   
FX:EURUSD   Euro / U.S. Dollar
There is enough evidence to point out a buy for this pair, .78 fib is the last line of defense, so if supported great R:R, plus TL and trader's trap on the daily, peak reversal on the 4H and a new structure high that hasn't been tested yet. Or it could drop like a rubber chicken kicked off the empire state building.
Trade active:
On the daily the new high was tested several times though, so could slip into a reversal, keep an eye out.
Trade active:
This is the worst best trade I've seen in a long time. Take a look at a 2day chart and where it is in relation to the 200ema. It's either a super winner or super trap.
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