FX:EURUSD   Euro / U.S. Dollar
Alert went off for my Daily level which lined up with 0.618 Fib, We printed a Hammer with a strong range on this level so I longed the close and shot for the immediate hourly level. Pretty cool how this Daily setup was similar to the Daily setup of AUDUSD. Aside from that similarity, this trade was a stronger idea. The pattern had space to the left, hit a level that hadn't been touched for quite some time, and the trade resolved quickly. After seeing this hammer I decided to hold on to AUDUSD as they are directly correlated on the Hourly charts so I could minimize the loss I'd take on that trade. When the hammer was forming, that trade was at about a -0.5R loss, which was cut in half by the time this trade resolved.

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