Today morning we took a buy in EURUSD which unfortunately hit SL -1%.
Later we managed to catch 1:5 RR trade as you can see. Why did we buy there? Price reluctant to go below previous low while leaving wicks and creating BOS on M1. Also volume confluence. Our long term bias was bullish before we hit the SL today morning which shifted our view to bearish momentum now. Also, the correlation with the DXY is another supporting factor.
We are now selling at 1.05534. We believe price will drop at least 1.04825 and perhaps even lower.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.