1. Currently the EUR Groups are weak therefore this is a counter trend trade against the EUR GROUP
2. If prices stabilizes above 0.8650, there should be a chance to enter a buy and take it to the top of the 4hr range
3. Waiting for the sellers momentum to die off from both the EUR groups and the EURGBP.
2. If prices stabilizes above 0.8650, there should be a chance to enter a buy and take it to the top of the 4hr range
3. Waiting for the sellers momentum to die off from both the EUR groups and the EURGBP.
Trade active:
Entered long on the break of 0.8650
TP @ 0.86736
SL @ 0.86440
TP @ 0.86736
SL @ 0.86440
Trade closed: target reached:
TP 1 @ 0.86646
Trade closed: target reached:
Closed all position due to low volume (New York lunch time)