Pipphenes
EURUSD H4 Daily & BeyondHey all,
We entered our EURUSD short trade at 1.11567 ( +51pips floating profit at the time of this post)
Taking a deeper look into the H1 & H4 charts we see the potential for a third test on the upper trendline.
With this in mind, we decided to lock in our profits with our SL at 1.11234
We are watching for confirmations in consideration for a long play from current prices to around the 1.1139 area for another short entry and a long profit of 40ish pips.
Waiting for confirmations.
Long term we still see the 1.105 area as our target.
XRP Next PushXRP couldn't break through the 1.618 Fib at .2972 (different mapping than on chart)
Downside continues down to our supply zone which coincides with our support trend channel.
Think we will end up seeing a 0.30 XRP followed by one last .28-.29 tap before we break above .31 and remain above .31
Time will tell! Could shoot straight to our end of week target of $0.32 from here (based solely on the support trend channel *green dash channel)