What a difference a day makes as the Teflon coated EURUSD makes a break to higher levels .

I’m sure we are all looking for a reason for the upswing and new found EUR confidence. Putting any bias I have aside ( and this move has me clueless tbh) I see a window for a short trade with a good risk reward stop loss.

The 1.1760 area 38.2% of the October high -November lows is where I will be placing my pennies for a move against current momentum. My stop is at 1.1780 (-20)  .

EURUSD-H1

 

Horatio Dubsly

Collects more scalps than Crazy Horse and newly crowned Bitcoin & Dow top calling master.
Philosophy: "Trading rules.....it most certainly does"

Read how Horatio got into trading here
Horatio Dubsly

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