An almost identical setup to Friday’s trade with more pips as price moved closer to our targets. We don’t trade Mondays, but the past 3 sessions, the EUR has given a very clear 3 Drives pattern. Today’s setup was 3 pips short of our desired 3:1 Reward to Risk ratio to our Target 2, but the pattern of the setup was the same as Friday’s…so why not go for it? Trading is not easy but when the setups are so clear, it makes trading a lot easier.
Good luck with your trading!
Back tomorrow if we find a trade.
Michael www,privateforexcoaching.com