motleifaul

3 consecutive new highs

Long
motleifaul Updated   
FX_IDC:EURUSD   Euro / U.S. Dollar
5
We got 3consecutive new highs and higher lows as well, so that we may consider this as the continuation of the uptrend that started in the new year. The falling trendline is not yet broken. So one shall be cautious. After the impressing turnaround I am however rather optimistic that the breakout will be done soon promising a good spike then.
Trade closed: stop reached:
The optimism was an error. Despite we saw a new high the euro coudn't hold there.
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