Hello everyone,
Looking for runs up above 1.16870 but before we seeing any runs above 1.16870 - I am looking for Euro to slide into 1.16702 to 1.16802 (10 pip range)
From that range, Euro should drop into 1.16360 trading below 1.16425 which is a key low.
If we do not trade to 1.16360 and price seems to stable, consider a run above 1.16870 without any retracements.
However, I am thinking we will go below into 1.16360 and go to .870
GLGT. If my thoughts change I will update.
Looking for runs up above 1.16870 but before we seeing any runs above 1.16870 - I am looking for Euro to slide into 1.16702 to 1.16802 (10 pip range)
From that range, Euro should drop into 1.16360 trading below 1.16425 which is a key low.
If we do not trade to 1.16360 and price seems to stable, consider a run above 1.16870 without any retracements.
However, I am thinking we will go below into 1.16360 and go to .870
GLGT. If my thoughts change I will update.
Trade closed manually:
Upside target officially met!