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Comments (0) EUR/USD, Latest, Live Trades, Technical Analysis

EURUSD Intra-Day 60 Pips Live Trade Review

EURUSD Live Intra-Day Trade

Here we take a look at the review of a live EURUSD intra-day trade taken today. EURUSD has dropped 780 points post US elections and price appeared to be leveling out since the opening of the current week. As supply and demand traders we are always on the lookout for opportunities after a major move in price.

Entry Analysis

EURUSD Intra-Day Entry Analysis (1Hr)

EURUSD Intra-Day Entry Analysis (1Hr)

From the above analysis, the break occurred at the support of the previous consolidation which is out of view to the left. A previous support turned into resistance briefly and a break occurred. Price rallied onwards towards the next area of supply before dropping back down for a retest of the new formed demand/support.

With the entry target established, it was only a patter of waiting for price to retract to our desired entry. This featured trade was opened at lunch time and closed after just before the end of the trading day at 60 pips. There was also a short trade made at the identified supply level which is not featured in this post.

Trade Details

EURUSD Live Trade Details

EURUSD Live Trade Details

EURUSD Live Intra-DayTrade

EURUSD Live Intra-Day Trade

You can browse more historic live trades and entry analyses here.  To find out more about our trading methods and how you can learn to trade like a pro, visit our learning centre coming soon.

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