EURUSD - Long Term - Long

The idea born based on COT report data and wave aanlisys.
I think in the next day we can have a short term long after NFP data .. probably in the buffer zone between 0,3/05 fibo rebound of last short leg.. than we can see a deep retest of bottom (we can have a double bottom) or the retest of support area 1.04.
After that I think there will be conditions for the long.

交易進行

Hit buffer zone ...

註釋

slow but inexorable towards the target

註釋

Possible retest of bottom ..

註釋

we are near to target.. in this moment I have a trailing stop position that can be really good in case of support break

交易結束：目標達成

finally we hit the bottom and create a double bottom.. so Good for US and for next Holiday.
I close my position.
For the future.. attention to go long because after the rebound we can have a new short phase..the RSI doesn't evidence any divergence.

註釋