triangle breakout, posibble long trade with kinda tight stop loss... Stop loss can be set lower, strongly depending on your risk and money management... Things can turn around qiuckly... Good luck, enjoy and have fun... :)
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Price is struggling with the 1.172 level... We need cross of this point if Euro wants to proceed higher... It is the resistance of the triangle/wedge... I wont take any longs till the successful passing through...
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I already moved the stop loss to break-even point... Free trade is not the worst trade... :)
Trade closed: stop reached:
Break-even stop and thats it folks... :) Now is good time to look for short trade with target around 1.15... GL all