Another perfect entry on EURUSD in the NY session for 17th of may.
DXY is still weak and continues its descent this Monday starting in the London open with the EURUSD continuing its upwards trend.
In the NY session after a healthy correction to the 78.60% fib level (1.21350 psychological level), the EURUSD should continue its way up to 1.21700 level and to eventually surpass it. Seeing all this, I took a long entry from the 1.21350 level.
Let's see how this trade pans out.
What is your idea regarding this trade? Please comment in the comment section below.
THANK YOU FOR READING THIS.
THIS IS ONLY A TRADE IDEA. THIS IS NOT FINANCIAL ADVICE.
DO YOUR OWN RESEARCH.
ALWAYS USE GOOD RISK MANAGEMENT AND STOP LOSS.
PLEASE LIKE AND FOLLOW MY CHANNEL IF YOU FIND THIS IDEA USEFUL AND TO DISCOVER MORE PROFITABLE TRADING IDEAS.
DXY is still weak and continues its descent this Monday starting in the London open with the EURUSD continuing its upwards trend.
In the NY session after a healthy correction to the 78.60% fib level (1.21350 psychological level), the EURUSD should continue its way up to 1.21700 level and to eventually surpass it. Seeing all this, I took a long entry from the 1.21350 level.
Let's see how this trade pans out.
What is your idea regarding this trade? Please comment in the comment section below.
THANK YOU FOR READING THIS.
THIS IS ONLY A TRADE IDEA. THIS IS NOT FINANCIAL ADVICE.
DO YOUR OWN RESEARCH.
ALWAYS USE GOOD RISK MANAGEMENT AND STOP LOSS.
PLEASE LIKE AND FOLLOW MY CHANNEL IF YOU FIND THIS IDEA USEFUL AND TO DISCOVER MORE PROFITABLE TRADING IDEAS.
Note
Trade completed with TP HIT to the PIP!
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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.