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davec83
Sep 26, 2019 3:19 PM

EUR/USD Potential long term play  Long

Euro Fx/U.S. DollarFXCM

Description

Good area for long reversal with plenty of TP targets along the way. RR is > 7:1. Getting in as close to 1.0926 as possible for lowest risk.

Kind in mind that the larger trend is still bearish, so I will be going in with a smaller position than usual.

Trade active

Took profits on all positions for now. Will re-evaluate on Sunday. Looking good.

Trade closed: target reached

In my opinion, this trade is done. 3 Targets were reached, and we are facing resistance + increase in supply. Not saying it's impossible it will reach TP4, I just think it's unlikely.

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