Looks like we have a 2.61R potential trade in the Euro vs the Aussie dollar here. I'm long, thinking it can easily hit the target zone, considering that the $EURUSD down trend signal in the daily chart has panned out, $DXY hit the weekly target, and timing for a daily move in $EURUSD has elapsed, implying a possible mean reversion or reversal move in that pair. $AUDUSD is acting weak, and the ratio shows a good reward to risk high probability Time@Mode setup.
Seems like an easy win.
Best of luck!
Cheers,
Ivan.
Seems like an easy win.
Best of luck!
Cheers,
Ivan.
Trade closed manually:
I've taken profits ahead of the close today.
Will watch it into next week, perhaps we get a quick burst higher to then reverse or slow down for a while, very close to my target, really fast.
Trade closed: target reached:
Target hit, retraced after I banked it, then today it quickly surged towards the target.
