EURUSD is facing a blue strong resistance zone on daily and 4H chart. The blue channel is not actually broken yet. So C could be a higher position LIKE 1.185.
Once C is confirmed, C to D could be 500 pips to hunt. But we will focus on the first 300 pips which is easier to achieve.
And this is not a trade triggered yet. Still waiting for entry signal. Less is more!
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Trade closed: target reached
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We have our 1/4 lots size closed manually. And the trade above hit 1.177 more than once. But still cant pass it . That why we have a new view here.
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And we were expecting a new entry to short EU 1.185 , which seems quite hard to reach now. So we would like to wait for another new entry to short EU .