EURUSD D1 levels to watch, week 24/2/19, bullish continuation?
Updated
Last Wed Thu Fri saw a 3-day bull flag formation off of the previous Fri and Mon Tue. Price went up strongly, spent 3 days retracing. Should be a setup for continuation this week. Looking for 37-pip measured move objective, up from 1.1317, so target 1.1354. This is my first time posting, so I forgot to draw the measured move. Will edit.
Note
See update on the next post, for post-game thoughts on this set-up. I revised targets upward from the much shorter-term target I gave here. TL;DR: this target was hit, upward revised 50% target was exceeded next day, with price extending to about 75% of my target (1.1420). Revised 100% target 1.1454 was never hit.About par for the course. I only expect 50-80%. Any further price extensions are always just icing on the cake.
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