Euro / Dólar Americano
Viés de alta

UPDATE SWING TRADE SETUP EURUSD

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The two major news events have come and gone and the long setup on EU is not only still valid but we have gotten confirmation with a bullish choch

I'm looking for price to react bullish on the lower timeframe from the fair value gap or the 2H OB. This is to get the best possible entry with a relatively smaller SL.

There is always a chance that the setup won't work out however in my opinion this has a small chance of failing.

Main target is the daily high and a longer term target is December's high unless price action changes bearish.

Hope this analysis helps and remember to always follow your rules and keep good risk management

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