Description
⋅ FX:EURUSD Cup and Handle?
- Potential Long as cup and handle begins to form on the EUR/USD
- Awaiting confirmation on the handle to confirm the 38.2% retracement levels.
- Risk to reward ratio 1:4
- Entry: 1.20, Stop Loss: 1.19 Target Profit: 1.23
Note if the handle breaks 38.2% retracement then the trade is invalidated.