EURUSD [1-3 days view]
Updated
Buy EURUSD
Entry: 1.11305
SL: 1.11110
TP1: 1.11599
TP2: 1.11754
Price made a new higher low and is now above EMAs. MACD looks to also cross above the 0 level and set to enter bullish territory. Risk reward isn't exactly attractive for me, so i'm risking a small amount on this trade.
TP is determined by Fibo retracements as seen on the chart.
Cheers. Please do your own due diligence.
Entry: 1.11305
SL: 1.11110
TP1: 1.11599
TP2: 1.11754
Price made a new higher low and is now above EMAs. MACD looks to also cross above the 0 level and set to enter bullish territory. Risk reward isn't exactly attractive for me, so i'm risking a small amount on this trade.
TP is determined by Fibo retracements as seen on the chart.
Cheers. Please do your own due diligence.
Trade closed: stop reached
Note
This trade actually hit my TP 1 as expected.Nothing to be upset about as my analysis and direction was absolutely spot on.
The only thing to take note of:
1) Be wise about putting your stops
2) Also always be careful about stop hunts especially for guys like us.
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
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