Setup in play due to boundary creation and breakout occuring on 1 Hour EURUSD chart. I also have a current 4 hour setup pointing short too which is also in play.
I'm not in this one due to previous entry setup on EURUSD but am documenting for prosperity :-). However this would of been a better entry and risk reward trade than the longer term 4 hour one which is taking its sweet time to hit the T2 target for remaining portion of my trade position. (I know I could close out of 4 hour and re-enter but I won't)
P.s. there's an even smaller setup waiting for break out on this chart and am hoping we don't see a "close" above 1.2784 as this would be the making of a very hairy ride towards SL and probable failed trade. A close below 1.2611 will be a good sign for a leisurely sail down to T1 area. Or it could just shoot off like and angry rhino - who knows!! not me!!
Lets see what happens!!
p.s. Just looking around at all the cool ideas posted I'm just wondering if my ideas aren't pretty enough to look at? Does more calculation and complexity translate to better trading results?