EURUSD 15M
Yesterday before the market closed we were able to enter the market since our case for entry has meet.
Our expectation is new structure low, we saw a good retracement/pull-back around 38.2
As for my rule I will not include the spike here because it has no sense to me since I know it's was created due to the fact that it was NFP data release, just to avoid confusion to our analysis.
Second thing as you can see from the chart that this area holds the previous support/resistance area to be pay attention on how price action will react on this.
Last thing, an entry signal of big momentum bar (solid downside/bearish bar, bigger than the previous bar) was able to dominate the previous bar rotation, this shows how effective is the bar by bar analysis.
I wake up with a positive position, I wasn't able to close it but still we are protected with a stop loss.
On monday we are looking forward to break-even this position.
For the weekend our activity will be more on trading psychology.
Ok happy weekend! :)
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