StampsFX

EURUSD Reversal/BreakOut

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD appears to be reversing its bearish trend, however it has not yet violated the bearish channel. For these situations I find it best to trade within the channel in case it does not experience a bullish breakout. The entry is set low (expecting pullback) and the SL is set tight. The SL is below the lower trend line. -StampsFX
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