Euro / DollaroLong
EUR/USD clean 1:5.5 risk reward high probability trade!
Confluences:
-Price failed to break the daily resistance, so I'd expect a retrace to the 61.8 daily fib level which overlaps perfectly with a reversal zone.
-I will buy then and take EU to the next zone taking partials at the major resistance line (considering the stop loss is low I can place a higher lot size)
-Stop loss will be at the 71.8 which lines up perfectly with the 2 4h wick rejections.
Good luck these weeks with the trades
-Price failed to break the daily resistance, so I'd expect a retrace to the 61.8 daily fib level which overlaps perfectly with a reversal zone.
-I will buy then and take EU to the next zone taking partials at the major resistance line (considering the stop loss is low I can place a higher lot size)
-Stop loss will be at the 71.8 which lines up perfectly with the 2 4h wick rejections.
Good luck these weeks with the trades
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