11021992
Short

EURUSD: It's happening again traders

FX:EURUSD   Euro Fx/U.S. Dollar
2 months ago
Hi traders,

On the EURUSD             we have another possible breakout. The red line is a trendline , but turqoise line is the expected price movement after the breakout.

Cheers
2 months ago
Comment: Looks like we have a breakout to the downside to me.
a month ago
Comment: :)
a month ago
Comment: Target 1 hit. Next target is very likely to be lower than the 1.04300 on the chart.
a month ago
Comment: So far, price is doing exactly as expected. Let's see if we can make another low.
a month ago
Trade closed: stop reached: Stop hit, made some profit here.
Feel free to send me a PM if you have any questions!

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RonaldBottass
2 months ago
Keep up the good work
Reply
11021992 RonaldBottass
2 months ago
@RonaldBottass, Will do, thank you!
Reply
myfxtrade1
2 months ago
good idea but need to watch when breakout both the red trendline and fibo (23.6) @ (1.05599),otherwise it will go bullish which is with the trendline
Reply
11021992 myfxtrade1
2 months ago
@myfxtrade1, Agreed, it's always best to wait for confirmation.
Reply
rafaeltrades
2 months ago
I guess it just broke out!!!!!!!!!
Reply
11021992 rafaeltrades
2 months ago
@rafaeltrades, Looks like it!!!!!!!!
Reply
rafaeltrades 11021992
2 months ago
@11021992, are you entering the trade?? I will on demo!!!!
Reply
rafaeltrades 11021992
2 months ago
@11021992, Market order at 1.05633; SL 1.06024; TP 1,05636. What do you think??
Reply
11021992 rafaeltrades
2 months ago
@rafaeltrades, I think you typed the target wrong.
I would go for any of these, depending on what you prefer:
snapshot
Reply
Sers3
2 months ago
I would wait for a divergence or for the price to test the trendline, but the pattern looks good. Good luck!
Reply
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