EUR.USD - Textbook Day Trading Opportunity

Currency Pair: EUR.USD
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Long

EUR.USD updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.

Kommentera:

Price has spiked a little lower the i would have liked, given the current price i will be looking for a swing trade as opposed to a day trade into this morning.

Kommentera:

Buy stop order now in place.

Handel aktiv:

If you are day trading, keep an eye as price runs into the 4hr 50EMA.

Trade stängt: Stopp nått:

-1% loss full disclosure.
A great setup that ticked all boxes, simply didn't work in our favour.