EURUSD Long Idea
Updated
I usually dont like playing the most manipulated pair in forex but here we are!
We start on the daily timeframe and we see that the EUR/USD is breaking the downtrend line and the RSI is curling and showing sign of bottoming. WE then go to the 4HR timeframe and our strategy printed a buy signal after the bearish RSI was corrected.
For this trade we took an entry. Stop loss is at 1.0786 with take profits ranging from 1.084 to 1.0925. Trade safe!
We start on the daily timeframe and we see that the EUR/USD is breaking the downtrend line and the RSI is curling and showing sign of bottoming. WE then go to the 4HR timeframe and our strategy printed a buy signal after the bearish RSI was corrected.
For this trade we took an entry. Stop loss is at 1.0786 with take profits ranging from 1.084 to 1.0925. Trade safe!
Trade active
Currently running in our favor. I have taking profit on half our position locking in roughly 50 pips. This has run almost 80 pips since it was alerted!Trade closed: target reached
We reached out TP1 and TP2. Stop was hit at breakeven on the remaining runners! nice trade
“You have power over your mind – not outside events. Realize this, and you will find strength.“
-Trade Daddy
-Trade Daddy
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