EURUSD long trade.
Rejection of prior lows and ascending trend line
At major support level
DXY at major resistance - Expecting a rejection and bearish move from here
Dollar monthly head and shoulders in play. Expecting a bearish dollar until the end of the month to give a weak candle close.
R:R 1:5.96
Rejection of prior lows and ascending trend line
At major support level
DXY at major resistance - Expecting a rejection and bearish move from here
Dollar monthly head and shoulders in play. Expecting a bearish dollar until the end of the month to give a weak candle close.
R:R 1:5.96
Trade active
Note
Trade active upon 1hr rejection of trend line and prior lowsTrade closed: stop reached
Stop loss hit. -0.8%
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.