EUR/USD - Short then a beautiful profitable long - Next weeks

Correction and long price target for EURUSD in upcoming weeks.

Open position at 1.202 and T/P at 1.23.

The 1.202 is a value given by my trading algorithm that's based on volatility and market force

Comment:

Target of the short at 1.202 has just been reached, as soon as the market turns bullish at the 4 hour will start the long... so far so good!!

Comment:

so far so good, it needs to chill a bit but i believe will hit the 1.23 level again within these two weeks

Comment:

This crazy move downwards makes me thing main funds are going to grab more liquidity and close some S/L, my algorithm is targetting it to reach 1.2034 level at least, then it will finally proceed to 1.23.

Comment:

think

Comment:

it went to grab more liquidity at around the 100 EMA, now is ready to move to target, probably within this week time frame

Comment:

Critical level right now, if we don't close the daily candle above 1.2115 there might be a bloody thursday in this pair

Trade closed: stop reached:

It was bloody indeed, i saw it coming yesterday, but not this deep.

This will be a volatile pair in the next few days