EURUSD 1H - Potential attempt to break the channel

I do like the pattern that has formed in this pair. I see a chance for the Euro to go long, at least try to reach the next resistance. The economic data affecting the Dollar has not been positive today, so this can push the pair up.

Long entry: price range 1.12100 - 1.12250

TP: 1.13203

SL: 1.11316

*Not financial advise. Just sharing my ideas :)

Feel free to give your feedback/opinion. Thanks for reading!

Trade active

Trade closed: stop reached