I say possible because usually beginning and end of the week is when smart money like to set traps.
EURUSD has trended down all week.
I noticed that today they made a move up and took out yesterday's high where most of the $$$ were from people shorting.
They gave a type 1 M setup during London so I will trade in that direction and the target is that weekly low from 09 Jan 2019.
EURUSD has trended down all week.
I noticed that today they made a move up and took out yesterday's high where most of the $$$ were from people shorting.
They gave a type 1 M setup during London so I will trade in that direction and the target is that weekly low from 09 Jan 2019.
Comment:
They were kind enough to drop and give me 30 pips. I took some profit off 30 pips. Letting rest of idea run.
Trade closed: stop reached