Hey all,
We entered our EURUSD short trade at 1.11567 (+51pips floating profit at the time of this post)
Taking a deeper look into the H1 & H4 charts we see the potential for a third test on the upper trendline.
With this in mind, we decided to lock in our profits with our SL at 1.11234
We are watching for confirmations in consideration for a long play from current prices to around the 1.1139 area for another short entry and a long profit of 40ish pips.
Waiting for confirmations.
Long term we still see the 1.105 area as our target.
We entered our EURUSD short trade at 1.11567 (+51pips floating profit at the time of this post)
Taking a deeper look into the H1 & H4 charts we see the potential for a third test on the upper trendline.
With this in mind, we decided to lock in our profits with our SL at 1.11234
We are watching for confirmations in consideration for a long play from current prices to around the 1.1139 area for another short entry and a long profit of 40ish pips.
Waiting for confirmations.
Long term we still see the 1.105 area as our target.