granello
Long

EURUSD 240 closed above 75% of 2 day range

OANDA:EURUSD   Euro / US-Dollar
Combined my daily analysis of 2-day swings with the 4H chart. EU has closed above the 75% of the previous AB swing on the daily chart so still looks strong and should reach 2287 but advisable to move stops to 50% level to preserve profit. Time to look for further seasonal trades ( ABC ) but wait for point C to confirm before placing your order.

In an ABC trade, 75% is the safest place to take profit but 100% of the previous swing is your yardstick for future moves.
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