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Road_2_Funded
Feb 29, 2024 5:28 AM

EURUSD - Trade Idea (ICT) Long

Euro Fx/U.S. DollarFXCM

Description

Intraday trade idea on the EURUSD.

I see a reaction off a signature 2-day R2F Gap to give me a bullish bias to take price possibly to the highs.

For narrative, I see a signature 30m R2F Gap as a possible entry to take me up to the relative equal highs where my "low hanging fruit" objective lies. I have added confidence for the 2nd objective due to the trendline buyside liquidity on GBPUSD. However, this bias/narrative is still not ironclad as there have been a lot of N(D/W)OGs on the chart, at least for the FXCM data which I usually use.

Trade with caution.

- R2F

Comment

If price comes to the relative equal highs before 3pm, I'd be even more cautious for a long continuation.
Comments
Road_2_Funded
1st objective hit at specific times. I'd be cautious currently if taking a long. May see lower prices first based on my GU analysis.
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