smak1200

Trend channel LONG

Long
smak1200 Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Position within bull trend channel is not optimal. FIB retrace supports long with TP at 1.618 extension. 2 lot trade - ok to close lot 1 at upper channel if resistance is holding. 2.8:1 RR.
Trade active:
Within parameters and in positive territory - no adjustments / watch as approaching resistance at high limit and top of trend channel
Trade active:
Within parameters - move SL tighter to 1.22642 / price at high resistance - TP on 1/2 of L1 - 7500 units /
Trade active:
Has broken resistance and continues to be on trend
Trade active:
Still within parameters -moved SL on both lots to 1.22642 since structure supports tighter stop placement
Comment:
Open into wkend
Comment:
**initial 7.5k units TP on 2-15 at 1.25058 (1/2 L1)
Trade active:
Within parameters - no changes
Trade active:
Within parameters - don't particularly like the setup / Initial analysis flimsy / closing in profit
Trade closed manually

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