Nice Little Scalp off the 1.21 Handle
So yesterday I pointed out the 4 most likely directions for this pair. As of writing this review, it appears that scenario purple (see related links below), is taking the lead.
Now I wasn't expecting EURUSD to climb this high this fast, and so for that reason, I'm looking to scalp a small short position here off the 1.21 handle. Targets will be limited but I should be able to snatch and grab an easy 15-20 pips.
Furthermore, I am expecting continuation to the upside towards the 1.22 area but I think that might take a little bit (meaning maybe by end of this week or next).
That's it, that's all - Astalavista Baby!
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Trade Safe - Trade Well
Regards,
Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc.
RISK DISCLAIMER
Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose.
Now I wasn't expecting EURUSD to climb this high this fast, and so for that reason, I'm looking to scalp a small short position here off the 1.21 handle. Targets will be limited but I should be able to snatch and grab an easy 15-20 pips.
Furthermore, I am expecting continuation to the upside towards the 1.22 area but I think that might take a little bit (meaning maybe by end of this week or next).
That's it, that's all - Astalavista Baby!
------
Trade Safe - Trade Well
Regards,
Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc.
RISK DISCLAIMER
Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose.
I manage forex accounts for HNWI and sophisticated investors.
Managed Forex Accounts
➡️ manage.forex
Track Record
➡️ tinyurl.com/y67rnwrd
LinkedIN
➡️ linkedin.com/in/forexdaytrader
Managed Forex Accounts
➡️ manage.forex
Track Record
➡️ tinyurl.com/y67rnwrd
➡️ linkedin.com/in/forexdaytrader
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