MoDeezol

EURUSD IDEA

Short
MoDeezol Updated   
FX:EURUSD   Euro / U.S. Dollar
Looking at EURUSD I spot a strong Daily Bullish candle from last week that reached for a previous daily last buy to sell candle and started to mitigate from that area. I did a markup of price breaking down on the lower time frame. Max SL on this trade is 29 PIPS but i believe we wont need that big of a stop. TP1 is 100 PIPS out.
Trade closed: stop reached:
Eurusd didnt want to push to my targets

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.