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11021992
Apr 9, 2016 3:33 PM

EURUSD consolidation entry points 

Euro Fx/U.S. DollarFXCM

Description

Hi traders,

The last week the EURUSD has been consolidating and I have been long and short on this a few times now. Here is my next setup. Long or short, I don't mind. The entry, stop and targets are based on previous structure within this consolidation.

Information for the long position
Entry: 1.1345
Stop: 1.132
Target 1: 1.1369
Target 2: 1.4516

Information for the short position
Entry: 1.1429
Stop: 1.4685
Target 1: 1.137
Target 2: 1.1345

Best of luck!

Trade active

Short trade active.

Comment

Moving target 1 slightly higher: 1.13777 due to recent structure.

Comment

Both targets reached.

Trade active

Long trade active.

Comment

Target 1 hit. Stop moved to entry.

Trade closed: stop reached

Stopped at entry while sleeping
Comments
MarlyForex
really like this 1 ;)
11021992
So far, so good :)
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