Here is our new 4H setup for EURUSD.
Comment:
Be careful, US data + Yellen + Draghi later
Comment:
After news and speech price drop lower but we're above 1.12 again.
Pattern is still valid but at risk. let's wait few more hours
Pattern is still valid but at risk. let's wait few more hours
Comment:
We need at least a candle to close above 1.1240-50 for more upward movement.
Comment:
PENDING HOME SALES helped us.
Now wait for this and next candle to close.
Now wait for this and next candle to close.
Trade closed: stop reached:
trade closed. SL and pattern invalidation.
price dropped fast today probably targeting 1.1150
price dropped fast today probably targeting 1.1150
Comment:
NOTE
i keep my trades open till 1.1140, since there are still chances of upward movements. below 1.1140 i will edge a little till 1.1115 then i will start to sell.
i keep my trades open till 1.1140, since there are still chances of upward movements. below 1.1140 i will edge a little till 1.1115 then i will start to sell.
Comment:
UPDATED chart