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MayerFX
Feb 24, 2018 5:00 AM

EURUSD - Bullish 4h/1D  Long

Euro Fx/U.S. DollarFXCM

Description

Ascending triangle on the 4h and weekly fib 0.5 level are providing bullish signals for a retest of the previous high. Also, there has been slightly higher highs and higher lows.

I have a scout order for 1.229 if there is no retest of the fib support.

Full position order (2% risk)

Entry: 1.218
TP: 1.25537
SL: 1.2161
Comments
MayerFX
The first part of the forecast has played out well, however due to price action and monthly reversal candle forming i've changed my longer term trade to bearish
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