adamnkiss

EUR/USD bullish reverse in action

adamnkiss Updated   
FX:EURUSD   Euro / U.S. Dollar
Hey Everyone!

I have taken EUR/USD long this morning as you can see it on the picture.
  • Strong bullish movement in the past month
  • The last 4-6 days show a clear strength of EURO
  • Daily Chart signals engulfing candlestick pattern
  • A strong bounce from an Hourly trendline was expected (not on the picture)

All in all, I believe it's a good trade and still has a valid point to enter.
Comment:
The trade is already in 1:1RR; will be managed closely, target is at least 1:2RR
Comment:
Trade is in 1:2RR !! Moving on to 1:3 and that will be the last step.
Comment:
IT'S OVER! 1:3RR HAS BEEN ACHIEVED.
Trade closed: target reached:
Today's eurusd has been closed. 1:3.2RR
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