EURUSD SETUP

1 Şub 2016

After friday decline EURUSD is trying to recover ( actually facing weekly pivot ).
I'm already LONG with a position opened at 1.0816 TP1 around 1.0920/.0930 (first weekly resistance).
Since in medium term i'm still bullish i also have a second target at 1.1045 ( if EUR will break above the red line).
If the price will be rejected I will sell.

invalidation below 1.0800

Today we will also pay attention for Draghi conference.

1 Şub 2016

Not

Booked profit at 1.0909 for safety before Draghi speach.
Looking for PA to enter a new trade

1 Şub 2016

Not

2 Şub 2016

Not

TP1 hitted.
now i will wait for the price to hit the red trendline and see reactions.
if the price will cross the line i expect at least 1.1011

2 Şub 2016

Not

3 Şub 2016

Not

Most likely a new bounce back. but we need few hours for confirmation.

3 Şub 2016

Not

News triggered my buy stop. CAUTION
It could be just a spike up

3 Şub 2016

Not

FIRST TARGET FULLY ACHIEVED.

3 Şub 2016

Not

FIRST TARGET FULLY ACHIEVED.