Tuesday, December 9, 2014

Trade of the Week: EUR/USD H1: 2-4 December: +10% (+140 pips)

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This is downtrend on the daily chart, on H4, we have a sleeping alligator  and the fractal box is big so the price has space to move. The 2nd of Decembre at Francfort Open, we have a H1 setup with a sleeping alligator and a very tight box, we take the break and the price moves down harmoniously, we exit 2 days later when the price breaks the upper level of the fractal box for +140 pips, an amazing +10% profit trade.


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