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jcmoneyman
Mar 27, 2022 11:26 PM

EU Long Long

Euro Fx/U.S. DollarFXCM

Description

D: Downtrend, passed -61.8 and dropped to retest weekly trendline at monthly level
4H: Downtrend, Price retraced to 38.2
1H: Uptrend. Major structure Price retraced to 61.8 and is now consolidating.

CURRENTLY: Price was trending down, hit -27 several times creating support. Price is consolidating. I am looking for price to break and retest trendline and go Long to the previous resistance area @ 4h and monthly trendline

~ 80 - 100 pips

SWING long to 1.1200

Trade closed: target reached

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