EURUSD N.Y. open LONG

My target is atleast a 50% retracement yestereday high & low.

Entered on 15m Orderblock with stoploss below

There is a clear break of structure.

1hr candle convincing close above london high signaling strong bullish momentum

Commento:

Technical Analysis 101 book for beginners tells us that:
-ABC pattern is:
A is same length as C from B.
-we retraced 50% from London low to N.Y. High.
-we can expect price to reach 1.08522 if C leg will be the same length of A leg.

Commento:

reentered @ fvg 5m