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captain_smollett
Mar 16, 2016 10:38 PM

EURUSD. FED´s broken structure Long

Euro Fx/U.S. DollarFXCM

Description

Thanks to FED, the EURUSD pair is on a clear ascending setup. I´ll await until the trend line is broken and then buy, targeting 1.17

Entry point SL and Wave chart in comments.

Thanks for watching and trade safe!

Trade active

Breakout confirmed. Active at 1.123

Comment

If the trade starts falling below 1.12, you may open a Short position, targeting 1.1050. This will compensate possible losses and allow you to take profit at that very strong support level. It should rebound back to 1.12s and higher from 1.1050

Trade active

Struggles to break FIBO 127.20. Booking profits from TP1 and mving SL to profitable zone

Comment

Reviewed targets:
TP1: 1.130 (taken)
TP2: 1.142

Trade closed manually

Closing the rest at the moment. Should test the trend line again and then we will see
Comments
captain_smollett

captain_smollett

Wave movement based on FIBO lines.

Entry point: 1.125 approx,
TP1: 1.146
TP2: 1.171
TP3: 1.184
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