AByfield

EURUSD: Reversal or Pullback?

Short
AByfield Updated   
FX:EURUSD   Euro / U.S. Dollar
Last Friday we saw a nice Hanging Man in EURUSD, and it´s of the DXY that made an Inverted Hammer. Because it was Friday, end of the month and in this week we have payrolls and we didn´t had a nice volume (even thought is FOREX), I would like to see a pullback to 1.1280 (but I´m taking the first TP in 1.1270). Depending how it react to the support I would take out all the position or wait to TP2 in 1.0900 and TP3 in 1.0550. To enter I will wait have a pullback to 1.3990.

What do you think, is a reversal or a pullback to keep going north?

KL: 1.1390
SL: 1.1450
TP1: 1.1270
TP2: 1.0900
TP3: 1.0550
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