EURUSD is closing the gap which was left open back in 2017.
We can watch the signs of gap traders and see if they are strong or not. If they are, trendline will be our reference to time our entry.
Like and comment if you find value in our analysis.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol. - We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade. - Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader. - Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
Comment
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We've got the expected move from expected level. We'll trade this setup next week.
Comment
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Trade closed: target reached
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First target as calculated. Half of the position is open
Trade closed: target reached
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Reached to the second target at +123 pips. We'll let 25% of the position run