growthbank

[EURUSD] Buy Limit - 06/07/2022 - Tokyo Session

OANDA:EURUSD   Euro / Dólar Americano
I'm setting this chart up during Tokyo session since I won't be able to trade London. EURUSD has formed a zone while in it's bullish momentum and I am focused on trading within that zone before the major buy breakout to finish the 61.8 pattern. Currently the market has formed a higher low and broke past a lowertime frame trendline. I am expecting EURUSD to retest that trendline and then continue going up towards our take profit which is slightly lower than the next major trendline.

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