Keeping in mind that the euros in a longer-term up trend, We can take advantage of the four hour shorter term downtrend. The structure is Labeled with two lower lows and lower high since the daily higher high shifted at 1.124
Near term target for this signal is 1.116 (+56 pips)
This is an existing trade that I took last week and our stoploss is moved to entry for risk-free trading. Trades like these will be key to monitor in terms of profit management now that it is risk-free. Being dynamic to a ever changing market can allow you to enter opportunities you otherwise wouldn't of let change your bias. The U.S. dollar is the center of attention this week, as a weaker dollar would be favorable for our long.
22:42:37 (UTC)
Sun Jan 12, 2020
Near term target for this signal is 1.116 (+56 pips)
This is an existing trade that I took last week and our stoploss is moved to entry for risk-free trading. Trades like these will be key to monitor in terms of profit management now that it is risk-free. Being dynamic to a ever changing market can allow you to enter opportunities you otherwise wouldn't of let change your bias. The U.S. dollar is the center of attention this week, as a weaker dollar would be favorable for our long.
22:42:37 (UTC)
Sun Jan 12, 2020
This is not financial advice & I am not a licensed financial advisor.