FX:EURUSD   Euro / U.S. Dollar
48 2 0
Going to enter this trade when market opens tomorrow with tiny risk. This trade is based off complete probabilities in the belief that 97% of the market is recurrent and 3% is transient. That being said The target is a zone that is currently transient, which means it has a 97% chance of becoming recurrent at some point in the future. We will see if this math plays out.
Yes after that I wouldnt be surprised to see a long back towards the 1.2700 area. Price might not make it down to 1.2613 but surely will get below 1.2635 in my opinion. Only time will tell though.
Good call I think. Probabilities are that there is a long trade after that. Any view?
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