Euro / U.S. Dollar

Long

Updated

EURUSD Long 1.4:1 RR

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

Trade active

In.

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

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

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

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

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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.

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

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

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Trade closed: target reached

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

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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.