Long EUR/USD (quick retracement play)

After that NFP, I think we could see a quick retracement before the move down… Here’s a trade with a decent R:R.

EUR/USD, 1-hour


Entry: Market (1.3000)
Stop Loss: Below the support at 1.2950
Profit Target: You could aim for the SMAs (Red, then blue) OR the previous swing high at 1.3130
Indicators: 100 SMA (blue), 200 SMA (pink)