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The808Trader

Euro on stable ground? - Ichimoku Eur/USD Long Setp

Long
Euro / U.S. Dollar (FX:EURUSD)  
The808Trader  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD euro dollar eurusdlong eurusdforecast Ichimoku Cloud the808trader ichimokuforex ichimokukinkohyo
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trendanalysis chartpattern indicator eurusd euro dollar eurusdlong eurusdforecast ichimokuclouds the808trader ichimokuforex ichimokukinkohyo
It's been a while but the Euro finally found some footing against the dollar last week as more trade war rumors swirled. Since we are moving in an established trend I am looking for that trend to continue, but I want to see a drawback first. This is NOT an order I will set as a buy limit, I will watch and wait for a drawback and make sure there is a good support candle to get long on. Since that is the case, this stop loss is a rough estimate of where I believe that could be, but I will probably set it a little below the support candle or wick that could form. If we fail to get a drawback or hold support, this setup could become invalidated.
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