Euro / U.S. DollarUpdated EURUSD Long
A Gartley pattern setting up to the long side, the bears were in control for most of the day due to anticipation of a neutral interest rate cut from the fed. This long setup came from the repurchase agreement(REPO) by the US government.
This setup:
Entry: 1.1039
Stop Loss: 1.1015
Target: 1.1100
Recommend trailing stop if we get through 1.1073 to break even.
This setup:
Entry: 1.1039
Stop Loss: 1.1015
Target: 1.1100
Recommend trailing stop if we get through 1.1073 to break even.
Trade closed: stop reached
We trailed the stop after price hit the 11073 levels, and price came down to hti our stop at breakeven.
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