good morning all!
hope everyone had a pleasant weekend.
in early asian session price met resistance at 111.50 and later broke it.
a strong up move followed which took the asian range to over 150 pips!
then, we see a good retrace (between 50% and 62%) back to 111.50 area. that ended with a hammer at 06:50 (fxpro time). a bounce followed as expected.
took break of TL and 111.50:
entry: 11154
exit1: 11164 (mR2). taken early to ensure +ve start for week.
s/l : at b/e
TP 2 : 11200 area
edit:
move seems to be weakening.
exit2: 11175
hope everyone had a pleasant weekend.
in early asian session price met resistance at 111.50 and later broke it.
a strong up move followed which took the asian range to over 150 pips!
then, we see a good retrace (between 50% and 62%) back to 111.50 area. that ended with a hammer at 06:50 (fxpro time). a bounce followed as expected.
took break of TL and 111.50:
entry: 11154
exit1: 11164 (mR2). taken early to ensure +ve start for week.
s/l : at b/e
TP 2 : 11200 area
edit:
move seems to be weakening.
exit2: 11175