I think we may have a swing trade here with EU nearing a top on monthly and having a valid breakdown. Only RSI50 remains to be broken, we should see small bounce followed by drop if this idea is valid. One more thing about TMS bollinger band being broken and retested, that's usually a sign of upcoming strong correction.
Trade with your own diligence,
GL HF
Trade with your own diligence,
GL HF
Note
Closed 25%@TP1.Note
We may have another extension up to 1.27. It's up to you to keep on our original idea on weekly, but this could lead to strong losses if wrong.In my case as I open only 1% of risk so it's quite fine to keep this kind of position especially with a high interest on USD vs EUR.
TLDR : i keep my trade open, switch SL to 1.27 and open a long position1%.
Note
New try for EU to reach higher high.Let's see where this leads us in order to manage both our LONG and SHORT here.
Note
At long last, closed 25%@TP2. SLbeNote
Closed 25%@TP3. SL@TP1.Trade closed: target reached
TP hit a few daNote
... days ago! Nice trade.
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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.