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Janaege

Long on EURUSD

Euro / U.S. Dollar (FX:EURUSD)  
Janaege  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators eurusdlong
2
0
trendanalysis chartpattern indicator eurusdlong
Bias Long as per Breakout of Trend Analysis on H4

Why?
New HH (from HH to LH pattern)
Hit .618 Fib as measure from Point 0 to a

Additional bias:
Close of next candle after hitting .618 was not within the diagonal trend

.: Upward Trending

Buy at 1.13645
SL: ATR x 2 = 60 pips = 1.13585
TP1: 1.14005
Risk/Reward Ratio: 2.31

For Learning Purposes Only
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