TradingView
ShrewdCatfx
Mar 5, 2023 11:30 PM

1.0633 and 1.0645 Eurusd. Clear Market Structure Long

Euro Fx/U.S. DollarFXCM

Description

We had Buyers use data to grab lower prices at 1.06. Time will tell if this is accurate. If we maintain market structure, In the short term, I see no reason why we could not touch 1.0645.
I concluded this from previous daily close. 1Hr and 4hr candle closures must respect 1.06230 1Hr Zone. Price Currently is at 1.06237. Though considering price gapped down over the weekend
by -.1% ,, it does not erase last daily candle closure. Bullish 36 Pip Body Candle. Idk seems sus considering previous bearish engulfing. We'll see. Riding Intraday Moves on EU requires flexibility.

Trade closed: target reached

Very Low Drawdown on this trading idea! 1.0645 hit in first asian session of week

Trade closed: target reached

Comment

Trade closed manually

2 More Trades
Trade 1 -.90R
Trade 2 +2.90R
Revenue +2R
Commissions -.45R
Net +1.55R
Comments
JoeChampion
good outlook, i think over the medium term 1.08 is possible!
More