EURUSD weekly bullish bias with potential 5R trade in this swing position.
Two weeks in a row with long wick into the Demand zone. Last week we took out liquidity resting from December.
DXY and USDCAD look similar, we might see the big trend shift now, where dollar gives in for a few weeks/months.
Within this bias I'll be looking for shorter term long positions.
Entry: 1.078
SL: 1.069 (aggressive), 1.065 (loose)
TP final: 1.122
+ Many opportunities for taking partials
Within 2-3 weeks we should cover significant ground - want to see strong push from here. If we don't get that, confidence in setup is reduced
Two weeks in a row with long wick into the Demand zone. Last week we took out liquidity resting from December.
DXY and USDCAD look similar, we might see the big trend shift now, where dollar gives in for a few weeks/months.
Within this bias I'll be looking for shorter term long positions.
Entry: 1.078
SL: 1.069 (aggressive), 1.065 (loose)
TP final: 1.122
+ Many opportunities for taking partials
Within 2-3 weeks we should cover significant ground - want to see strong push from here. If we don't get that, confidence in setup is reduced
Trade active:
EURUSD going as expected, gave the big push and sitting pretty so far.
First partial TP for me is at 1.1 for a 2,6R.
First partial TP for me is at 1.1 for a 2,6R.
Trade closed manually:
Closing in a small profit, market seems to have shifted, don't like the PA
Innovative all-in-one trading and backtesting platform
cleo.finance
Test trading strategies on crypto, stocks, indices, forex with decades of 1-min data.
cleo.finance
Test trading strategies on crypto, stocks, indices, forex with decades of 1-min data.