There is a possible bullish AB=CD for EURUSD. Upon D completion at 1.13656 and confirmation of the bullish bias, I will go long. Stop loss is just below 161.8 of BC. The take profit targets are set at the 38.2 and 61.8 Fibonacci retracement levels of leg AD. Tentative details are as follows:
Trade Setup: Possible Bullish AB=CD
Price Entry 1.13656
SL 1.12943 | SL pips 71.3
TP1 1.16065 | TP1 pips 240.9
TP2 1.17552 | TP2 pips 389.6
RRR1 3.38 | RRR2 5.46
Trade Setup: Possible Bullish AB=CD
Price Entry 1.13656
SL 1.12943 | SL pips 71.3
TP1 1.16065 | TP1 pips 240.9
TP2 1.17552 | TP2 pips 389.6
RRR1 3.38 | RRR2 5.46
Order cancelled:
This setup is invalidated as D completion did not occur. (June 29)