Plain and simple plan on EU.
Currently I am long on EU with TP 1.1110 and SL 1.0990.
I have pending order long at 1.1056 so it would add to longs from there.
After ( if ) TP 1.1110 hit, I would be going Short from 1.1110-20 area With stops 1.1123, furthermore if SL 1.1123 hit, I would be entered in BUY, with TP 1.1347 ( long term trade )
Will see how this works out.
Sentiments are pointing up.
1.1015 is MID level out of 4 market trend point levels. For now it's holding, and got back up on S1 level. If broken MID we would see the last S3 point which is 1.0992. Added little small long from MID.
To confirm needs to confirmations.
Weak - 7 pips below 1.1015
Strong 3 pips under 1.1001.
Sentiments still strong upwards.
But trend pointers pointing even lower.
Let's see how it works out.
Opened Short already, with Stops 1.11124 and as well Buy stop from there. Let's see which plan works out.
Refer to the new Idea
There were two confirmations one weak one strong.
Weak - fall 7-8 pips below 1.1015.
Strong - fall 2 pips below 1.1001.
Then Short to 1.0956 would be completed. It didn't do neither, so we got long after confirmation of breaking 1.1053 by 3 pips.