PFP

#EURUSD Trend Continuation Setup #forex

Long
FX:EURUSD   Euro / U.S. Dollar
Despite fast price action on the NFP, EURUSD has not broken any important levels to invalidate the trend. It has stalled on a support level but it is common for us to have a false reversal like this followed by a stop hunt move lower. We will be looking to see if this stop hunt spike down happens, if it does, there is an opportunity to get in at a very good price with little risk and see if we can ride the market back up to retest the highs for a good RR trade.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.