Stops will be placed at roughly 0.7390. Upon reaching Target 1 stops will be moved to break even. Will keep you updated on the trade setup!
Comments
Daniel.B
⋅
Update, was stopped out on an intra day short on the pair. Standing aside until we get a clear break & close of support on the 4HR chart. Overall, the Euro has done a very good job at taking out intra day stops, ugly currency to trade ATM might not touch the euro for the week, there is better pairs to trade.
Daniel.B
⋅
Update: This is what caught my eye, and signaled me to watch for a break of structure support. A Daily candle rejection of the 618 Fibonacci retracement level, which closed as a bearish engulfing candlestick.