EURUSD : Long on break of trendline

FX:EURUSD   Euro / U.S. Dollar
If the trendline is broken upwards in EURUSD             , we can initiate long positions with targets around 1.1140's. Enter the trade only if there is valid confirmation as per your plan on break of trendline to upperside. If the resistance @ 1.1140's taken out we may see an upward move till 1.1300 in EURUSD             . But its too early to decide till that much, as of now lets stick to the trendline breakout plan.

Hit Likes to agree with the idea, Thanks for your support.

Happy Trading !
Trade active: Our expected breakout over trendline happened, when I was away. I hope you guys caught this trade.
Comment: Guys, we are reaching our resistance zone n target area...Book your profits...If you are aiming for higher targets, trail your stops carefully.
how about in short position?
+1 Reply
InsiderB jimbolopez28
Long is suggested only after valid candle close above trendline. To take short positions as per my plan stops around resistance area, so I won't take that trade.
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