Posted this late - was meant to publish last night before the move began.
EURUSD still downtrending on higher timeframes. By condensing to 4hr we see a clear rejection of the 1.11000 psychological level in line with our trendline and resistance-turned-support zone.
Next area of support is the 1.10000 psych level, I'll be monitoring this area for profit taking.
EURUSD still downtrending on higher timeframes. By condensing to 4hr we see a clear rejection of the 1.11000 psychological level in line with our trendline and resistance-turned-support zone.
Next area of support is the 1.10000 psych level, I'll be monitoring this area for profit taking.
Trade closed manually:
Closed trade at .500 - price action choppy around the mid-psych level.
Comment:
Target reached! Shame I closed this trade early.