EUR/USD - BUY
Entry @ 1.2150 (or Market if Aggressive)
SL @ 1.2000
Targets: 1.2400 / 1.2650 / 1.2750 / 1.2850 / 1.2950 / 1.3000
Entry @ 1.2150 (or Market if Aggressive)
SL @ 1.2000
Targets: 1.2400 / 1.2650 / 1.2750 / 1.2850 / 1.2950 / 1.3000
Trade active
In the green, spiked with a possible Impulse which is obviously nice to see.SL moved at BE, trade will be monitored, it should continue to 1.28 / 1.29 / 1.30 after which it would become a Major SELL. However, a move down is slightly possible with only 1 remaining pattern scenario (not likely in my view but aware of it).
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Trade at BE, DXY could have one more Bullish Swing before the bigger drop. See Part 1 for NFP Technicals.Note
Market conditions are "dodgy" during these times and structure could become more Complex. Extra caution is needed, watch "DXY - Cheating with the Joker - Double or Triple Three?" video for more details. The set-up could be invalidated if the Dollar Index surprises.
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Trade closed: target reached
1st Target reached!Turning the view towards the bearish side with this view:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.