Oke so this idea is maybe a bit unclear, but I publish it anyway so that tomorrow evening I can look back and see how it evolved.
At the moment the daily time frame is a clear short, if you plan to hold your position for a few days then dont even think about buying it. The 1 hour time frame looks more interesting, as you can see it has developed a so called bullish wedge, meaning price will soon break out to the upper side of the wedge.
Since the daily looks very bearish I predict that we soon see a retracement around current levels up to 1.1840 before the big down move continues.
How to trade: If you got guts then scalp a buy for 30-35 pips and then enter a short for 100 pips. If you play it safe then wait for the spike and enter a sell.
Tomorrow when this upmove has happened I might publish a new EURUSD idea based on the daily time frame.
Komen
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Playing out like expected. 10 more pips and I go short with a 35 pip stop
Dagangan aktif
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sell activated at 1.1840
Komen
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stop lowered to 1.1822
Komen
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Nice profit. Will take my profit before NFP gets out. Dont wanna gamble this nice profit on it
Dagangan ditutup: sasaran tercapai
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100 pips now on the sell position. Together with the retracement its a 140 pips total. Took my profit to enjoy the weekend