I've taken perfect trades related to EUR since last week so I'm hoping that one will be just like the others.
Good news were released on Italy, French and Germany this week, in addition USD got a hit by the last fundamental of USA.
Although we can sell the hell out of EURUSD to join the short term down trend, I've decided to take a trade which has a great profit/loss ratio. With that way, I'll be able to get out of this trade when the closest support broken and take a better price from down somewhere.
It might seem like a complicated analysis but if you try and do some price action, you'll see some good facts supporting this trade.
I would appreciate it to tell me your ideas and leave a like, cheers :)
Good news were released on Italy, French and Germany this week, in addition USD got a hit by the last fundamental of USA.
Although we can sell the hell out of EURUSD to join the short term down trend, I've decided to take a trade which has a great profit/loss ratio. With that way, I'll be able to get out of this trade when the closest support broken and take a better price from down somewhere.
It might seem like a complicated analysis but if you try and do some price action, you'll see some good facts supporting this trade.
I would appreciate it to tell me your ideas and leave a like, cheers :)