Abozahra

Will the last defence line hold or breach?

FX:EURUSD   Euro Fx/U.S. Dollar
EURUSD             did break the lows of 2016 and the only thing in the way now is the 2 year old TL.

If this TL get broken then we may see it touch the bottom of the 2 years old ranging rectangular.
if you want a 100 pip long (atleast) with a good RR go long at 1.0691, stop 1.0640 (agressive stop could be 1.0660 but would use 1.0440), possible target atleast 100 pips so at minimum 2R
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Abozahra PRO AhmadFarhan
@AhmadFarhan, Good plan Ahmad! I am looking for a long opportunity but by my rules :) Thanks for sharing your thoughts, i really appreciate that!
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EURUSD didn't break the lows of 2016 yet. Its still on resistance. It think we will go up for some correction
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