Wednesday, July 7, 2021

20210705 13.00 EURUSD trading.

      

  • Mon 20210705 13.00 EURUSD 1h (see AI settings here).
  • SMA21 was rising.
  • Price was above SMA21. 
  • At 13.00 hours, sellers who entered short positions below 1.18666 during past 7 hours were stopped out by the bar +1 that touched SMA21 line. 
  • A buy long position sent at 1.18633 or below during the next bar could have returned at least 10 pips within 3 hours.

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