Trade idea: EUR/USD
Updated
Possible trade setup for the buy opportunity on EURUSD. This pair has went through its consolidation period and made the breakout towards the upside, but I still need more levels of confluence to take this trade. Notice the EMA (Blue) acting as support on the 4H chart with price action making market structure. Multiple rejections on the fib tool sitting at 61.8%. Use lower timeframes to look for candlestick confirmations for your entry. (Update on trade setup will be posted later tonight.)
Order cancelled
EURUSD did not meet the criteria to take the trade last night. Different aspects weren't matching any areas of confluence which ultimately led to sellers taking over that trading session. Until next time.
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