EURUSD is probably turning bullish. Here we have a break of the bearish channel upwards. We will place a BUY STOP order @ 1.0935 risking aprox 50 pips in order to collect aprox 130 pips 1 / 3 stop loss / take profit ratio.
Trade active:
At this point we place a Break Even or a Tailing Stop at aprox 1.09500.
Comment:
Trailing stop at 1.10000
Trade closed: target reached:
Hit Trailing Stop, profit 63 pips.