EURUSD Buy Limit OB - May 4, 2020 Long

Euro Fx/U.S. DollarFXCM

Description

⋅ May 4, 2020 9:23 PM

Order block on EURUSD for Buy
Retest of previous resistance
USD fundamentals appear bearish which may drive this pair to the upside.

Comments

transparent-fx

⋅ May 5, 2020 11:17 PM

I will be monitorng eu as well with this analysis

FourOwls

⋅ May 5, 2020 12:27 AM

Another interesting trade Michael, thanks for sharing...just wondering where is your BL set? Just curious to see that EU will do (as it is one of my 8 pairs that I watch/follow everyday.
Regards Andrew H

MichaelDForex

⋅ May 5, 2020 3:50 AM

@FourOwls, Hi Andrew, BL?

FourOwls

⋅ May 5, 2020 4:05 AM

@MichaelDForex, BL is Buy Limit....in your title you mention 'Buy Limit Order Block' so I was curious (for my own education too) where you would enter in relation to the recent low and recent highs! Regards Andy H