EU Reversal Idea
EU is reversing. Reasons:
- Triple bottom on 4h
- Above 30m 100 EMA
- Bullish tringle forming on 1m
- Expecting pullback from brutal selling
- EU data did not act as a catalyst for further selling
Entered position:
- Entry: 1.06376
- Stop: 1.06276
- TP: 1.06676
- RR: 1:3
https://www.tradingview.com/x/exD6O1dT/
- Triple bottom on 4h
- Above 30m 100 EMA
- Bullish tringle forming on 1m
- Expecting pullback from brutal selling
- EU data did not act as a catalyst for further selling
Entered position:
- Entry: 1.06376
- Stop: 1.06276
- TP: 1.06676
- RR: 1:3
https://www.tradingview.com/x/exD6O1dT/
Note
Moved SL to 1.063 to reduce riskNote
SL hit
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