eurusd has bounced off 21ema with a lot of momentum. it broke through upper tl is now possibly going to struggle around the upper resistance before reaching 200sma
since the candle was huge at close I have placed a long order @1,2319, r=80 above the tl, counting on a retracement before price hopefully moves to 200sma, where my profit target is placed
edit:
price didn't come back to 1,2319 and has reached virtual 0,5r mark. order cancelled
since the candle was huge at close I have placed a long order @1,2319, r=80 above the tl, counting on a retracement before price hopefully moves to 200sma, where my profit target is placed
edit:
price didn't come back to 1,2319 and has reached virtual 0,5r mark. order cancelled