KaQing

(D1) EURUSD Analysis

Long
KaQing Updated   
FX:EURUSD   Euro / U.S. Dollar
5
Everybody buys the Euro now, so why not me? We got 2 bullish bats completing at the 2 blue zones(2 88.6 Retr.), while the first zone is backed by a 161. extension and the second one by a a rather subjective 1.27 ABCD. Additionally we got a untested Supply Zone there.

Green = TP
Blue = Entry
Grey = Stop
Comment:
I meant Demand Zone of course. I'll trail my stop on the H1/H4.
Trade closed manually:
Took a bit profit off and closed it at breakeven.
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.