EURUSD LONG TRADE 23/09/2024
- DOW Theory Bullish continuation after higher time frame healthy retracement
- Higher time frame swing 0.5 Fib Level tested with Bullish candle close within the zone
- 4 hour bearish divergence was still intact due to which decided to wait for retracement which was provided by the early morning news for EUR
- Although missed a better and earlier trade opportunity in GU as was too focused in EU being close to the support zone and the mindset that it will give better returns whereas GU was way above its support zone. But had more bullish momentum.
- Higher time frame swing 0.5 Fib Level tested with Bullish candle close within the zone
- 4 hour bearish divergence was still intact due to which decided to wait for retracement which was provided by the early morning news for EUR
- Although missed a better and earlier trade opportunity in GU as was too focused in EU being close to the support zone and the mindset that it will give better returns whereas GU was way above its support zone. But had more bullish momentum.
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