DavidMyburghTrading

1.100 destroyed and equilibrium break

Long
FX:EURUSD   Euro / U.S. Dollar
After a good few struggling weeks of range bound movement on euro dollar we are
finally seeing some of the upside momentum we need. So far we have momentum identification
but still lacking confirmation and rejection. Lets see where this momentum can carry us. This
is a potential setup thats pending, but i will add updates along the way of what im seeing.

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Comment:
lekka bullish engulfing confirming our upside momentum,
waiting on step 3 rejection of 1.1000
Order cancelled:
Unfortunately for us the momentum never allowed the slow in order for us to get out entry steps. Even though we never go a entry is is important to still see that our analysis is on mark.
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