EURUSD bottomed, time to go up

6 Feb

EURUSD has been sideways moving looking at the Daily timeframes.

Always remember, strong USD is not good for the US economy.

Short term Buy and then waiting for breakage of zones above.

Good 1:10 RR (Risk Reward) - put your SL properly below the lowest zone.

VOlume decrese confirmation regarding that as well.

6 Feb

Dagangan aktif

Weak hads moving to strong hands, creating another bullish candle.

Trade active - SL placed below the previous low 1.07220

Volume confirmtation as well - RR 1:15

When I start posting my ideas I will mkae nothing facy - demand, supply, and entry points.

Trade active

6 Feb

Nota

Extending SL to 1.07050

Looks like there is a possibility for another accumulation at the demand zone.

Monitoring

6 Feb

Nota

Running nice and smooth. Put SL on breakeven entry point. RR 0:10

7 Feb

Nota

Taking out partials before the EU sessions opens. RR -2/10

8 Feb

Nota

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8 Feb

Nota

Taking profit and getting out. Possible reversal and re-entry later. Took a nice 1:5 on this