Good morning traders,
We are looking at the above 3 scenaries for EURUSD as we are looking to buy EURUSD at a discounted price.
We are most likely to see a reaction at the last buy entry and perhaps at the second last too.
We will wait for more confirmation and see how volume aligns with this analysis
Furthermore, we always refine our analysis on smaller time frames
Outlook on 1 minute time frame:
We are looking at the above 3 scenaries for EURUSD as we are looking to buy EURUSD at a discounted price.
We are most likely to see a reaction at the last buy entry and perhaps at the second last too.
We will wait for more confirmation and see how volume aligns with this analysis
Furthermore, we always refine our analysis on smaller time frames
Outlook on 1 minute time frame:
Trade closed: target reached:
3RD ENTRY FROM THE ABOVE IDEA HIT TARGET NEXT DAY
+40 PIPS
+4.00
+40 PIPS
+4.00
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Took sell instead
Risk Reward 1:2