Like mentionned in the last blog, the eur/usd pair was finishing its 3 pushes down and we were expecting a consolidation. With big fundamental news (US non farm payroll) coming in we knew that the lateral movement wan not going to last long. The double bottom with the second leg going through the support and strait back up combined with bad US NFP was a great opportunity to long which I did at 1.2220. Once again great entry point for a great risk-reward ratio.
