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Euro / U.S. Dollar
Long

$EURUSD - Scalp/day Trade - Retracement to a Bullish move

By BodiesXWix
Updated
After a swing low at the end of the week last week, EURUSD is poised to go higher in this call I believe. Draw fib from the low of London Close to the High of the Asian session and you should get an entry at the 62% level, hopefully it get's a bit deeper to the 70.5% level . 1.17820 TO 1.17775 for a good daily move of around 40-60 pips.
Note
My personal path it will take. Trigger Buy stops just above the highs, pull back to take em out, make a strong move up. Then start retracing again before the NY Open for a second Entry snapshot
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It nowhere near daily or 4HR resistance so I don't see a chance of a sell. But there is that daily swing low from a few weeks ago that Price is at that could cause it problems. I'm still gutting with a bullish call. snapshot
Trade active
so far, sniper entry... but im hoping for a deeper retracement for a second with a larger lot size. snapshot
Trade closed: target reached
Closing trade
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1.18 was price. Looking to possibly be the retracement zone to go short. So I wanted to stop While I was ahread in profit.
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I saw a new resistance level that I didn't catch before at 1.18075. It looks like there's been a reaction off that level. Price dipped, then went back up as a retracement. I saw that unfold and quickly acted and sold. This is now what my position looks like and I apologize to anyone that may be trying to copy my trades. It's best you may not as I tend to do this a lot.

snapshot
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Entry was at 1.17989, SL 1.1815, TP is just below the London session low at 1.17630.
Trade closed: target reached
Markets Unstable with Fed Chairman speaking. Closing while in Profit

snapshot
Note
19.8 Pips Profit on the buy.
snapshot
13.3 pips on the sell.
snapshot
EURUSDeurusdlongeurusdpredictioneurusdscalpeurusdsignalfiberfiberlongFibonacciPivot PointsSupport and Resistance
BodiesXWix
You're either trading with Smart Money Theory or your just burning your money money. Believe me, I've been there.
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