DESCRIPTION: I've been in this trade since the end of last week. There is a head and shoulders
formation on the 12h chart; we have the breakout of a trendline
on the H2 and the MA crossover. The level where the shoulders are located is an important resistance.
ENTRY: MA crossover and trendline
breakout on the 2H chart.
TARGET: 127.2% extension + next monthly support. But will close half of my positions @ 1.40300.
STOPS: Are placed above the resistance @ 1.41800.