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InsiderB
Jul 11, 2016 1:48 PM

EURUSD : Long on break of trendline Long

Euro Fx/U.S. DollarFXCM

Description

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.
Comments
jimbolopez28
how about in short position?
InsiderB
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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