Tuesday, November 25, 2014

Trade of the week : EUR/USD H1: 21th of November: +135 pips (+3.5%)

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This one is a contre-trend trade. On H4, its downtrend and we expect the wave 5, on the 19th we do have a BDC indicating a possible change of H4 direction, so we look at a setup on H1; We have a perfect one on the Friday London Open with a lovely inferior level of the fractal box. We take the break and the price dropes, we have a perfect exit at the bottom of the D1 box for +135 pips.

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