See callout bubbles. I entered EURUSD long on 12/8 and have so far collected 1/2 of my position. Stop moved up to Yellow line. If the market comes to Yellow line, I will be 100% closed out. Plenty of event risk this week with the EUR and the USD, so I'm watching this pair pretty closely to see what price does.
I would love for price to continue upwards and my bias is Long as the DXY appears to be forming a head and shoulders pattern. Let's see if the EURUSD will give us some more ; )
Always measure your risk and be okay with being wrong ; )
I would love for price to continue upwards and my bias is Long as the DXY appears to be forming a head and shoulders pattern. Let's see if the EURUSD will give us some more ; )
Always measure your risk and be okay with being wrong ; )
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The next level that I have my eyes on is the other green highlighted level at around 1.1680 - 1.1635 range.
We have some pretty serious EURUSD event risk this week, so these levels could play an important part in shaping the near-term future of EURUSD prices...