MountainTraderFX

EURO_DOLLAR TRADING PLAN EXPLAINED|4:1 RISK-REWARD

Long
FX:EURUSD   Euro / U.S. Dollar
EUR_USD has found a support at the previous lower low level and has broken the falling channel resistance level .
The breakout is confirmed and so we are all aiming at a long trade.
For a long trade, we need a pullback from the current highs , and then we go long from the level that you can see on the chart.
A great trading opportunity with the first target offering 2.5/1 risk reward ratio.

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