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Pk_Pasiya
Feb 23, 2020 10:59 AM

EURUSD Long Setup Long

Euro Fx/U.S. DollarFXCM

Description

Price has recently been trending in downside momentum, now over the last week has been in consolidation (a descending channel with abcde correction), which it broke to the upside. Now a possible retracement (retest of the broken structure) might come and then we get a possible big move to the upside.

Scenario: Long; @(50% - 61.8%) retest of broken structure.

Stoploss: @(0.786%)
Takeprofit: @(1st(-0.272%,)(2nd(-0.618%))

Comment

Pair played out exactly as expected and analyzed.
Comments
transparent-fx
I will be monitorng eu as well with this analysis
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