EURUSD is in a daily symmetrical triangle, CCI showing strong divergence, tanked from the top to the bottom without any recovery.
Good chance we hunt the daily demand zone formed by the last push then bounce, orders placed to catch this move, R:R is PHAT
Good chance we hunt the daily demand zone formed by the last push then bounce, orders placed to catch this move, R:R is PHAT
Trade active:
Finally got our entry, Happy to sit in this for some time.
Took it for 0.1% of account due to not trading forex for months, so no real loss to the account.
All in all a good trade I believe, but certainly some room for improvement.