1- EURUSD is at 127 Extension from where it started Rising in August.
2- Bullish Butterfly Pattern in the Making..
3- Oversold in Daily RSI
4- Bullish Divergence in Monthly Chart
5- ECB President Speech on Nov 11, will hint at QE , which is already discounted.
6- Falling on the Hint of Rate Hike by FED, which won't happen.
Entered at 1.057, will keep SL of previous lows below 1.047......
Booked 50% at 1.093, holding rest for targets.
Trade closed: target reached:
Booked 100 % as it is near support @ 1.11, might even return back, will wait and watch...