Art_of_Trading
Long

EURUSD: TREND IS YOUR FRIEND, Big Move !

FX:EURUSD   Euro Fx/U.S. Dollar
Follow the Trend, Trend is your Friend. That's the setup on FX:EURUSD             1H bars. The market makes Higher High and Higher Low. The last correction move will be finished soon and it is expected it will be retraced on red box.
1. The price is getting close to structure low, where the most of the buyers orders are placed.
2. Support level at 1.0908 (structure low)
3. Fibonacci retracement 38.2%
4. Hidden Diverge, which is a continious pattern
5. The price is dropping today, so the best level for sellers to lock their profits and buyers to step in 1.0908 area.
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Comment: Hit buy limit order.
I am been thinking this way my self , but this structure ... and also turning arround 1.09 but not arround 1.10 and 1.11 .. I cant believe anymore ..
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There is no trend-it is a perception in peoples mind......
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stream harry23
true ... my long is open .. i hope it is a long term Good luck !!
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