EUR/USD
Diupdate
The Head & Shoulders (purple line) pattern did not form but the 1hr chart is holding steady on the trend line to reach next zone @ the Fib 618 to test the 1.1400 zone.
Catatan
I will be placing Buy Limit Order @ 1.1285 if it closes above 1.1300 but I don't expect it to trigger until early London session to get some traders trapped going short. Then it will trend to its target @ 1.1400.Catatan
Hit the like button if you like this idea.Catatan
Went to lunch and my limit order was triggered, wasn't expecting that until London session. Thankfully I had my TP @ 1.1310 instead of 1.1410. The first typo I'm proud of. The markets are all going nuts today, so I'm done for today.Catatan
Entry @1.1330 and now moved my TP to 1.1450Catatan
Taking advantage of the fib retacement uptrend then will wait and see how price reacts to 1.1450 level before short order to continue the daily down trend.Catatan
It's friday and closed trade at lunch time @ 1.1417, nice little profit of 67 pips. I posted earlier entry @ 1.1330 but didn't enter till 1.1344, 14 pips later. Now will be looking to short on Monday when price goes to the 1.1430-1.1450 zone. Then we should see down trend continue and break the year low again @1.1215
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