KVE
Long

EUR/USD: Channel breakout finally! Getting a good entry now...

FX_IDC:EURUSD   Euro / U.S. Dollar
549 0 13
We could go straight up from here but if we get some consolidation and a re-test of the channel boundary and/or up trendline we might get a good R/R opportunity to add longs. Setups on chart.

I'm longterm long from 1.0610 based on this:https://www.tradingview.com/chart/EURUSD/jKWzAOzt-EUR-USD-Weekly-update-New-bat-at-the-trendline/
Original setup:

I added a long at 1.0810 after I caught a short retracement, see the comments on this idea:


Possible wave 3 up in progress:

It's not at all sure that we make it back down to my entry point but it's better to wait imo             than to enter without a decent setup (with decent R/R).
Trade active
Comment: TP1 reached!
Comment: SL just below 1.09
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