As we can see
EURUSD
is in an uptrend, indicated by the 200 ema, and is in a rising channel. We are simply buying at the lows of the channel, selling at the highs or in this case a high which is also a strong resistance (1.13480).
Entry @ 1.13015
SL @ 1.12691
TP @ 1.13449
EURUSD
is in an uptrend, indicated by the 200 ema, and is in a rising channel. We are simply buying at the lows of the channel, selling at the highs or in this case a high which is also a strong resistance (1.13480). Entry @ 1.13015
SL @ 1.12691
TP @ 1.13449
Trade closed: target reached:
TP hit