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4xbullion

EURUSD Long @ 1.2705

Long
Euro / U.S. Dollar (FX:EURUSD)  
4xbullion  
FX:EURUSD   Euro / U.S. Dollar
2
1
The pair is trading in a rising channel and has made a equal harmonic move previously. Expecting the price to come down to channel support and take a long position then. Stops are below previous lows. Target is a move of equal proportion taking us to upper limit of the channel

Trade Type: Short Term Trend Continuation
Price: 1.2705
Target 1: 1.2980
Target 2: 1.3060 (38.2 Fib Retrace)
Stops: 1.2585
R/R Ratio: 2.3
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