TradingView
UnknownUnicorn769459
Jun 4, 2018 11:05 PM

EURUSD Long Long

Euro Fx/U.S. DollarFXCM

Description

EURUSD has crossed its trendline and retested twice. A fractal pattern also formed just before the crossover, suggesting a reversal. Today, the pair moved towards and pulled back from its 100MA. This is an opportunity to enter long. Price targets are set at Fibonacci levels with respect to the past downtrend.

SL: 1.1645
TP1: 1.185
TP2: 1.196

Comment

In the green.

Trade closed manually

Going to take profit now as it just missed TP1 and doesn't appear to be approaching TP2 at any strong rate. If you have the risk appetite, leave 50% of the position and move stop to 1.174.

+100 or so pips.
More