848evo
Long

[TRADE] (RR=1.87) EURUSD Breakout to the Upside

FX:EURUSD   Euro Fx/U.S. Dollar
96 1 2
EURUSD             has broken out to the upside from the previous range and is current testing the 2nd resistance level, if it can break through this level, I will be long with a target near the upper resistance line and a SL below the prior swing low, but there are 3 mini rising TL's that can be used as stops too.
***** HOW TO READ THE CHART: The red and blue lines represent clusters of BUY/SELL orders. The thicker the line, the stronger the cluster. Red = SELL, Blue = BUY. Grayed Out = Cluster Hit & Gone.
Lucid.Trader
8 months ago
Does price always follow through in the expected direction when it ranges up or down in a channel? (I'm an amateur trader).
Reply
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