EURUSD bottomed, time to go up

6 févr.

EURUSD has been sideways moving looking at the Daily timeframes.

Always remember, strong USD is not good for the US economy.

Short term Buy and then waiting for breakage of zones above.

Good 1:10 RR (Risk Reward) - put your SL properly below the lowest zone.

VOlume decrese confirmation regarding that as well.

6 févr.

Transaction en cours

Weak hads moving to strong hands, creating another bullish candle.

Trade active - SL placed below the previous low 1.07220

Volume confirmtation as well - RR 1:15

When I start posting my ideas I will mkae nothing facy - demand, supply, and entry points.

Trade active

6 févr.

Note

Extending SL to 1.07050

Looks like there is a possibility for another accumulation at the demand zone.

Monitoring

6 févr.

Note

Running nice and smooth. Put SL on breakeven entry point. RR 0:10

7 févr.

Note

Taking out partials before the EU sessions opens. RR -2/10

8 févr.

Note

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8 févr.

Note

Taking profit and getting out. Possible reversal and re-entry later. Took a nice 1:5 on this