EURUSD (60m) Long setup

Euro Fx/U.S. DollarFXCM

Description

⋅ Mar 1, 2017 3:05 PM

My clues here are;

ABCD
Confirmed support at previous keylevel.
Keylevel coincides with bullish trendline
Several pointers towards a triangle forming

My stoploss is above 1.05000, lets see if it bites me.
Target 0,618 fib of A-D move, and just below another weaker keylevel.

Trade closed: stop reached

⋅ Mar 2, 2017 2:20 PM

Trade closed, but I should be able to make som profit out of this pair with this:

Comment

⋅ Mar 2, 2017 2:21 PM

Z - break and close below trendline + previous structure.
X - Retest closed below trendline.

Comments

timmynorin

⋅ Mar 2, 2017 2:20 PM

Trade closed, but I should be able to make som profit out of this pair with this:

timmynorin

⋅ Mar 2, 2017 2:21 PM

Z - break and close below trendline + previous structure.
X - Retest closed below trendline.

menyuken

⋅ Mar 2, 2017 2:48 AM

Set TP at 382 would be more safe ;)