WendelinProbst

EURUSD: 5 min chart offers possible entries for a bigger bounce

Long
FX:EURUSD   Euro / U.S. Dollar
one could either buy the breakout/Close above the days high (1.3215) as a Stop could be placed relatively narrow

or in case of another pullback, there is a nice Gartley in the 5 Minute Chart which could offer a Chance to buy before the Thing possibly takes off for a nice bounce.

so 2 valid entries with a stop 10 pips below the days low and the potential of a relatively big move, (maybe up to 1.3340) in relation to the risk

I like the narrow range of the Euro after all These Drops to the current Level. The bigger Picture also supports the idea of a bounce
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