This is ready to roll here - at least temporarily.
But first, they're going to Stop Hunt this, for sure, one more time ... ... for your Long Entry convenience :-)
Note
Trade active
Trade active
Trade active
Note
Here is the ... ... even more likely scenario.
Trade active
SHORT
Trade closed manually
FLAT, for now; +38 pips
Have to see here whether this is going to head higher from here - to 1.2270 - or, is this gonna go for the Stop Hunt - at 1.2120?? One needs some clues here, first....
Trade active
LONG For now.
Trade closed: stop reached
FLAT; -6 pips
Trade active
LONG
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Ultimately, this is ... ... what one is looking for.
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Trade active
LONG; Just a "try" here, w. very tight Stops! It either turns back up, here. or it is going to head for the Stop Hunt at 1.2120.
Trade active
LONG
Note
Trade closed manually
FLAT ; +9 pips
Trade active
LONG
Note
Note
This the final ... ... (re)Entry LONG, to 1.2250!
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Other than a brief pull-back to the Neckline here, .... this is going nowhere but up! Thus, one should be only long the EURUSD (if at all ) here while looking for the final Short Entry!
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Not surprisingly ...
Note
.... and as an aside, these happen to be the (very) long term prospects of this pair; ... starting on or round Monday, 18 Jan., 2021.
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