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FXPhantom
Nov 17, 2016 7:38 AM

Go long EUR on double bottom Long

Euro Fx/U.S. DollarFXCM

Description

After decent drop the pair formed short term double bottom. Go long on trend line break targeting half way to the missed daily pivot from 14th of November or level at 1.07 which would creat perfect ABC (AB=BC) correction from the lows. SL goes below the lows.

Trade active

Closed half of the position on 1st target. Moving SL to BE.

Trade closed manually

Closed remaining part of the position.
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