Lots of negatives for the Euro zone, last week price has tested 1.1270 several times, Friday closed with a nice pin bar. A nice clear of 1.1315 should presents opportunities towards 1.1370. From a bigger picture, EURUSD created a nice up flow from 12th Nov to 10 Jan this year, and has corrected with an ABCD pattern (provided 1.1270 is the D point).
Trade active:
1.1315 cleared. Now is waiting for price to close above 1.1342
Trade closed: target reached:
It was a continuation view for #EURUSD, and in the lower time frame (LTF), it was a retracement setup
Entries from 1.1283 through 1.1311 and exits from 1.1318 through 1.1354. Captured 86% of the day range. A good #daytrade.
#aIQueTrading #forex #priceaction
Entries from 1.1283 through 1.1311 and exits from 1.1318 through 1.1354. Captured 86% of the day range. A good #daytrade.
#aIQueTrading #forex #priceaction
