Dxy is about to pull back into weekly supply. Eur usd is over bought short term. Lots of trendline liqudity. Buyers have stoploss under bullish flag. Expecting it to take. I see this push up as only mitigation that took out sellers stop losses and targeted buyers buy stops. This move was also a liquidity grab
Trade ist aktiv:
I currently just closed half of my trade. usually once I am at minimum 3:1 risk to reward ratio, then I will take partials. My stop loss is at break even at the moment.