CeoCodes

EURUSD πŸ’Ά EURO Rejection above 1.22?

Long
OANDA:EURUSD   Euro / U.S. Dollar
EUR/USD recently has failed to keep gains above 1.22.

CURRENT PRICE ACTION:
Bulls are rushing psychological hurdle of 1.22 for the third consecutive day.
If rejected above 1.22 is followed by a downside break of the trendline recent ascending trendline support is located at 1.2192.

TODAY RESISTANCE:
Very simple targets of previous highs.
Target 1 1.22147
Target 2 1.22535

LEVELS TO WATCH
Price consoliation or volatility above 1.22147 can trigger a bull trap.
Comment: DAILY ASCENDING TRENDLINE
Comment: BREAK BELOW TRENDLINE INVALIDATES THE TRADE
Comment: πŸ€“ TRADE MANAGEMENT
DAY TRADE:
🎯 TARGET 1 hit - position size halved
Stops moved to entry for no risk on the next leg.
TREND TRADE:
πŸš€ Daily Chart still holding the ascending trend line
Trade closed: target reached: 🎯 TARGET 2 HIT
All Profits Taken

πŸ… TRADE NOW https://bit.ly/3angnBd
πŸ‘Ύ TWITCH https://bit.ly/3vXjXfo
πŸ“‰ TELEGRAM https://bit.ly/3gcr9wd

Not Investment Advice, Trade at your own risk.