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A long trade we took on EURUSD

Long
FX:EURUSD   Euro / Dollar Américain
A trade we took based on the following idea:

  • Weekly BIAS: Long
  • Volatility Channel: Entry on dynamic support
  • Momentum Indicator: "Oversold" - Indicating a good retracement
  • Volatility pivots: Price slightly above them, in sync with the volatility channel

Target 1 - Volatility Channel
Target 2 - Daily Volatility Pivot
Stop loss - Below Daily Volatility Pivot, just around the lines signaling the weekly bias.

You can check more about how we trade based on our system posted in our profile, "Gandulfas Trading System"

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