Hey Guys,
we can see the third price movement on the VWAP which bounced today off twice. We can also see a bearish divergence which might come to a end. I expect the price to hit 1.2300 for a 5th Time. We saw the price testing the 1.23 level before the new years eve aswell as yesterday. I also think we can break trough on the 5th test.
So here is what i am doing :
EURUSD Long
SL - 1.2255
Target 1 - 1.2300
Target 2 - 1.2400
Adjusting SL to 1.2300 once the price crossed 1.23100 / At 1.23100 we might see a reversal back to the down side since we have a lot stops between 1.23 and 1.23100
Happy Trading
we can see the third price movement on the VWAP which bounced today off twice. We can also see a bearish divergence which might come to a end. I expect the price to hit 1.2300 for a 5th Time. We saw the price testing the 1.23 level before the new years eve aswell as yesterday. I also think we can break trough on the 5th test.
So here is what i am doing :
EURUSD Long
SL - 1.2255
Target 1 - 1.2300
Target 2 - 1.2400
Adjusting SL to 1.2300 once the price crossed 1.23100 / At 1.23100 we might see a reversal back to the down side since we have a lot stops between 1.23 and 1.23100
Happy Trading
Trade active
Trade closed: target reached:
Closing the Trage with the Target reached
