After a positive feedback from ECB's President Draghi, I start to go Long. The reason why I do this is because we still in the Buyers Territory after all. So after a powerful V-Formation, the Euro starts to pullback and stop at the last Support with a Long Bull Candle with a quite long tail or shadow candle. Then I decided to entry a Long Position right after the Speech with a good risk&reward.
BUY @1.1260
STOP LOSS @1.1200
TAKE PROFIT @1.1360
It may go up, it may be not.
This is just an analysis and my perspective. This is not a signal or a suggest, so trade based on your own favor :)
Good luck!!!
Cheers!!
BUY @1.1260
STOP LOSS @1.1200
TAKE PROFIT @1.1360
It may go up, it may be not.
This is just an analysis and my perspective. This is not a signal or a suggest, so trade based on your own favor :)
Good luck!!!
Cheers!!
Trade closed: stop reached