It’s very rare that the R4/S4 levels come into play on Forex pairs, but the EURUSD got there today and we were (and still are) long for it. Holding the second half almost 200 pips in the money. See that section below.
Here’s a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered long at A, hit first target at B, still holding second half with a stop under R4 at C, note how precisely we hit it and stopped on the way up:
