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Zoen_Trieste

Support Buying EURUSD

Long
Euro / U.S. Dollar (FX:EURUSD)  
Zoen_Trieste Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns EURUSD engulfingpattern engulfing_rejection_bar Fibonacci Retracement
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trendanalysis harmonicpatterns chartpattern eurusd engulfingpattern engulfing_rejection_bar fibonacciretracement
This pair painted an engulfing bullish bar after touching the support level and is now seemingly looking higher to test the gap area. Buying here with stops below 1.1520 and looking for 1R-2R targets seem reasonable.
Comment:
5M just broke the top around 1.1580, one reversal attempt is behind us, so far so good.
snapshot
Trade closed: target reached:
1R target reached, +40 pips. Partial profit taking.
Trade closed: target reached:
2R targets done, +80 pips.
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