charles_memphis

EURUSD - Overall Long Trend but will we see further correction?

charles_memphis Updated   
FX:EURUSD   Euro / U.S. Dollar
EURUSD H4 Timeframe
Overall in first leg of long trend - buys are preferred currently but we may see further correction, creating a sideways or new defined range
Buy Zone: 1.096147
Sell Zone: 1.103879 (if you prefer to trade based on short intervals, enter on shorter timeframes) if candle body breaks, avoid shorts
Breakout Trading:
Long Entry: 1.103879 - Target Range: 1.114823
Short Entry: 1.096147 - Target Range: 1.089069

Learn more and see full video analysis on MTF at SlickTrade.net
Trade closed: target reached

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