Long $EURUSD into major support levels

2021年2月4日

EURUSD counter trade could be upon us very soon back to the 50 DMA. This seems like a capitulation move into support. DXY is showing very similar.

I am looking at the 50 BBs support after a large expansion, as well as the midline of the parallel channel formed for 2020.

2021年2月4日

註釋

This seems like a pretty standard correction. Again if the below area holds (along with the Weekly ATR Stop) I believe the target will be a backtest of the 50 DMA.

2021年2月4日

註釋

DXY shows similar setup (as expected)

2021年2月5日

註釋

First target approaches here. Final target remains the 50 DMA backtest.

2021年2月11日

交易結束：目標達成

Trade complete on D ATR Stop Backtest + 50 DMA 👍🏻