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glennleese

EURUSD - Potential LONG??

Long
Euro / U.S. Dollar (OANDA:EURUSD)  
glennleese Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD Forex EUR USD LONG Bullish Patterns 1hr daytrade
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trendanalysis chartpattern indicator eurusd forex eur usd long bullish 1hr daytrade
EURUSD

Potential LONG for EURUSD??

I'm looking for a potential long if we can break and close above key resistance at 1.08134

We are testing this level now.

If we close above, this is likely my next trade:

ENTRY - 1.08142
Take Profit - 1.08514
Stop Loss - 1.07966
Risk : Reward - 1 : 2.79

I'm waiting to clear this level because I want confirmation and change of structure.

This is potentially a short term trade and I'm not looking to hold too long.

Comment below your thoughts! Agree, disagree??

Do your own research! Not financial advice!

Happy Trading!




Trade active:
Closed above resistance on 1HR, lets see what happens. SL and TP slightly adjusted. Risk managed.

snapshot
Comment:
What a frustrating wick into my Stop Loss before continuing up haha

Maybe I'll get a retest entry...

snapshot
Trade closed: stop reached:
Taken out by a wick!
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