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#EURUSD Trade Opportunity 7th Oct. 2020 - POC
EURUSD created a rotation.
The volume profile in this rotation shows a point of control of 1.1787
This area could be a short-term turning point.
The setup could look like this:
Sell limit: 1.1787 (or 1 PIP below)
SL above the highs of the rotation 1.1810
Target at the lower end of 1.1730
For daytraders, I would simply trade the POC with a TP/SL of 10 PIP for a quick scalp.
The volume profile in this rotation shows a point of control of 1.1787
This area could be a short-term turning point.
The setup could look like this:
Sell limit: 1.1787 (or 1 PIP below)
SL above the highs of the rotation 1.1810
Target at the lower end of 1.1730
For daytraders, I would simply trade the POC with a TP/SL of 10 PIP for a quick scalp.
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