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EMkioko
Apr 10, 2023 8:03 AM

London open EU buy trade. Long

Euro Fx/U.S. DollarFXCM

Description

This are my levels on how i will be taking this trade.

-Enjoy brother.

Comment



3H chart.

Comment



-Stop loss hit. This could have been a nice squeeze play trade. Will catch it next time well

Comment

As you can see, price dropped sharply and took out my stop loss.

-This is what is called a squeeze play. When price repeatedly tests a horizontal zone with each strike coming from a low high or higher low.

-What you realize is, the zone will eventually break.
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