avis06
Long

A breakout trade setup for EUR/USD

FX:EURUSD   Euro Fx/U.S. Dollar
64 2 1
EUR/USD             is trading near the current resistance area and may break out of its resistance level . As I trade based on price action, my long setup would be, entry at 1.0889, first T/P at 1.1032, and S/L at 1.0746 for a 1:1 risk/reward IF the pair breaks out of that 1.08410 resistance level .
I would move the S/L to break even at this point.
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Hit the first T/P today (3/26).
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