EMkioko

EURUSD buy idea

Long
EMkioko Updated   
FX:EURUSD   Euro / U.S. Dollar
-Today we use a buy stop.

-Here is why;

-Slightly above the support created, we see a small bullish candle that acted as a liquidity candle.

-Price has to close above the opening price of the liquidity candle for it to be a good signal to go up.

-There are over 100 pips to the target take profit price.

-Well, once again we set price targets and wait for price to react.

-Enjoy.
Comment:

-Zone broke and retested turning supply to demand and hence proceeded to reach the target zone.

-Take profit reached.

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