Jae2k

EU Smart Money/Fibonacci Setup

Long
OANDA:EURUSD   Euro / U.S. Dollar
Unfortunately, I missed the short because I was preoccupied, however, the buy setup did play out to the T :)

This is a nice setup for a buy, at the open of the week, the jump up left a gap/imbalance which aligns perfectly with the 88.6 fib retracement. I expect some bullish momentum here. This is also a trend-following trade off of the 4H timeframe (trendline).
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