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Ali3nSan
Mar 26, 2014 10:50 AM

EUR/USD - Long for a test of the High :) Long

Euro Fx/U.S. DollarFXCM

Description

RSI holding above 40, market is likely to rally over the next few days towards 1.40000 area. Recent Pin Head candle suggests market is bullish. Support area is 1.37900

Price action near Apex of Triangle, Long term trend is still bullish, so placing an order for a break upwards.

Entry: 1.38327
SL: 1.37418
TP: 1.40000 Area

Trailing stop will track 34 EMA once price breaks above 1.38700

Happy Trading :D
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