-EURUSD
The bias to go long is due to the break of structure in the 1.16846 Level. Seeing as accumulation occurred in lower time frames September 24, 2020 and followed by a liquidity grab by the composite man/Bank/Financial Institutions Etc. the following trading day on Sep 25, 2020. Continuation is evident in the price action that is presented as it has respected bullish moment. The beginning of this week we began with a breakout past level 1.17697 and I am anticipating some retracement within the retracement from Sep 01, 2020 to Sep 25, 2020 to continue with the impulsive move from back on May 17, 2020 to Sep 01, 2020.
Thankyou Trading community for taking your time with Martin Alvarenga
1% Risk
22% Reward
The bias to go long is due to the break of structure in the 1.16846 Level. Seeing as accumulation occurred in lower time frames September 24, 2020 and followed by a liquidity grab by the composite man/Bank/Financial Institutions Etc. the following trading day on Sep 25, 2020. Continuation is evident in the price action that is presented as it has respected bullish moment. The beginning of this week we began with a breakout past level 1.17697 and I am anticipating some retracement within the retracement from Sep 01, 2020 to Sep 25, 2020 to continue with the impulsive move from back on May 17, 2020 to Sep 01, 2020.
Thankyou Trading community for taking your time with Martin Alvarenga
1% Risk
22% Reward