hopiplaka1

LO buy model

Long
hopiplaka1 Updated   
OANDA:EURUSD   Euro / U.S. Dollar
LO ran yesterdays LC stops, and expanded.
Now retraced into the 1H mitigation block, target old highs
Comment:
THe 1.1460 level should not act as a resistance
If we brake 1.1444 we might need to switch bias
Trade closed: stop reached:
Seems like a classic LO Z-day
If price stays around the 1.1420 level and move up, NYO might range between 1.1444 and 1.1464
Comment:
1.1420 didn't act as support for LO-zday.
As it is now NYO and it became resistance, we seek lower prices.
Expecting a Sell day until LC
Comment:
Mitigated loss during NYO.
1.1421 was a nice resistance, tp at 1.1385. That's still 20 pips profit even with a loss
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