Definition: Shooter = 2 inside bars in a row , then use the latest one as the trade set-up
EURUSD was crazy this morning, every short seller for any kinds of set-ups probably suffered short squeeze.
For me, to long EURUSD is such a high level? Why not! All I need is a reasonable risk-reward set-up to get involved, even if it failed it's controllable loss.
Here I like this 4hr shooter for EURUSD so much, and it already broke to the upside. the current price is 1.1630
Even if I put my out to the 1st inside bar low at 1.1615-1.1617 it's still about 15 pips risk only.
It's great to trade 4hr chart with 20 pips risk in such an in-play name!
To me it's a worth trying set-up to long the beast, let's see how it goes!
EURUSD was crazy this morning, every short seller for any kinds of set-ups probably suffered short squeeze.
For me, to long EURUSD is such a high level? Why not! All I need is a reasonable risk-reward set-up to get involved, even if it failed it's controllable loss.
Here I like this 4hr shooter for EURUSD so much, and it already broke to the upside. the current price is 1.1630
Even if I put my out to the 1st inside bar low at 1.1615-1.1617 it's still about 15 pips risk only.
It's great to trade 4hr chart with 20 pips risk in such an in-play name!
To me it's a worth trying set-up to long the beast, let's see how it goes!
Comment:
Got the 1st kick, let's see where it's heading to yo!