EliteTrader101

EURUSD is going to Rocket up!

Long
FX:EURUSD   Euro / U.S. Dollar
We have a well defined trend channel to play against so I'm going to be placing my limit buy orders down below at the trend line and below previous days low to capture any trap moves on the news release tonight. My target will be new highs and my longer term target is at 1.3700. I'm going to be using a stop loss order 11 pips below yesterday's low.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.