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ChrisThein
Nov 4, 2015 6:19 PM

EUR/USD Long 60 min, 4 hour structure support Long

Euro Fx/U.S. DollarFXCM

Description

Price is coming to a 4 hour support zone. I'm looking for price to reject the 1.0815/1.0820 level. Look for a reversal candle or a double bottom. I would take profits at 1.0915 level for a day trade and at 1.1000 for a swing trade. Also if price retraces back up to 1.0915 before reaching 1.0830's I'm looking to short and take it down to the long entry levels.
Comments
ChrisThein
Price is just consolidating. Waiting for a strong directional move. Patience...
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