BULL WEEK! EURUSD Long from support + Weekly projection

Friday, price wicked off of the median price from the consolidation zone we broke out of the other week. Daily ATR is sitting at 103pips, Stochastic supports Friday's late reversal, but a little divergence would go a long way..still waiting on that. Scalpers should feel comfortable looking long on Monday. I'm aiming for the 1.06 mark on Monday. It would be asking a lot to see price break into my supply zone this early in the week, I'm thinking a drawback to support is more likely. 1.05 could be a discount price this week, before a late-week surge to the top of the channel, which price has formed on the Daily chart.

Kommentera:

Correction...long @ 1.055 to 1.063*** is my trade! 1.25 ATR stop-loss. Monday!