Euro / U.S. Dollar

Long

EURUSD Long 1.4:1 RR

Updated

Quick trade, after a break. Will see how it goes. Orders set.

Trade active

In.

snapshot

Note

Price seems to be reacting to some support levels. Will see how it goes.

snapshot

Note

Very good 15M close. We just rejected fast EMAs on 15M. Holding.

snapshot

Note

Price is rejecting the 1M downward sloping line. We need to break it.

snapshot

Note

Moved stop to 0.96845 to -0.15 from -1. Nice risk reduction.

snapshot

Note

Moved target a bit further after seeing the purple volume on 4M.
But we will close at the original target if price touches it and won't move strongly in continuation.

snapshot

Note

We are now retesting the just broken line + fast EMAs on 1M. Ideally we need a higher high from here.

snapshot

Note

Moving well, but is yet to reach our original target.

snapshot

Trade closed: target reached

Got out at 0.97036. Around +1.35. Good trade, good management.

snapshot

Lightwork Trading

Also on:

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.