Hey all, well I've noticed some very interesting price action now that the Euro
has retraced to the 1.108 area of support. Which if you look back, was an area where buyers stepped into the market with force to push the euro
higher after the initial break above 1.0980.
Stops will be placed at the red trendline
for a rough risk of 40 pips.
target is for 1:1 R/R ratio. (Also the first level of resistance 1.113
target is for a little over 1:3 R/R (Around the 4 HR
Happy trading all!