EUR/USD is currently at a 30min / 1hr high and is rejecting the level. If it fails to break above the zone it will set for a sell to the next zone where it will possibly rise until trendline (on 4hr chart)
wait for confirmation on the 1hr chart for a sell if not wait until it break above for a buy.
Will continue to update as the market opens
wait for confirmation on the 1hr chart for a sell if not wait until it break above for a buy.
Will continue to update as the market opens
Trade active:
After opening on Sunday with a gap I suspected the price would move up to close the gap before any further push down.
After closing the gap the price kept rejecting the level previously created and began moving down. Entered the trade at 1.20418 with tp:1.20080 and sl:1.20530
After closing the gap the price kept rejecting the level previously created and began moving down. Entered the trade at 1.20418 with tp:1.20080 and sl:1.20530
Trade closed manually:
After a few hours EURUSD started to rise thus closed out the trade to see what it will do next.