EURUSD - Long Idea
Updated
(Trade this on 1Broker in my signature link for no-fees BTC-settled markets with social trading)
I believe this pair is ripe ripe for a move upward even though it looks relatively terrible on the weekly.
It has a nice tight inverse head and shoulders pattern on the daily and has formed a pattern of price action that I'm satisfied with for indicating further upward movement.
I believe this pair will take a shot at the stops at 1.20 and this idea will be invalidated if it breaks down towards last week's low.
This produces a trade with an RR of 2.8 and a high likelihood of being in the right direction.
Long: 1.174~
Stop: 1.1655
Target: 1.998
RR: 2.81
Will be a public trade on 1Broker when active. You can "copy" me on the platform as well.
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Stop the Organ Harvesting Persecution of Falun Gong Practitioners by the Chinese Communist Party
dafoh.org/petition-to-the-united-nations
I believe this pair is ripe ripe for a move upward even though it looks relatively terrible on the weekly.
It has a nice tight inverse head and shoulders pattern on the daily and has formed a pattern of price action that I'm satisfied with for indicating further upward movement.
I believe this pair will take a shot at the stops at 1.20 and this idea will be invalidated if it breaks down towards last week's low.
This produces a trade with an RR of 2.8 and a high likelihood of being in the right direction.
Long: 1.174~
Stop: 1.1655
Target: 1.998
RR: 2.81
Will be a public trade on 1Broker when active. You can "copy" me on the platform as well.
==
Stop the Organ Harvesting Persecution of Falun Gong Practitioners by the Chinese Communist Party
dafoh.org/petition-to-the-united-nations
Note
This has gone quite well so far. Thanks for shorting the bottom. Note
Closed this at 17863. FOMC and although I still think this call happens based on price action, I am afraid of the lower volume.
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