Hello Traders!
We are seeing some bullish momentum from EURUSD since yesterday which confirmed the trend change and validated the trendline above. We broke out of the channel and we are now breaking a key resistance and retesting it. I am going long for these reasons with low risk. Let us see how this goes.
Market-BUY: 1.13150
Stop-Loss: 1.13000
Take-Profit: 1.13450
Stop-Loss: 15 pips
Risk: 1%
Risk-Reward: 2.00
What do you think?
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We are seeing some bullish momentum from EURUSD since yesterday which confirmed the trend change and validated the trendline above. We broke out of the channel and we are now breaking a key resistance and retesting it. I am going long for these reasons with low risk. Let us see how this goes.
Market-BUY: 1.13150
Stop-Loss: 1.13000
Take-Profit: 1.13450
Stop-Loss: 15 pips
Risk: 1%
Risk-Reward: 2.00
What do you think?
Thank you for checking my idea out. Do not forget to Like, Comment and Follow for more ideas.
Comment:
I am still in it, hoping it bounces off the support. I will monitor keenly and see whether to exit in a partial loss.
Trade closed: stop reached:
Stop loss triggered