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ScottMescudiForex
Sep 12, 2017 9:33 AM

EURUSD : SECOND ROUNDS ON ME? Long

Euro Fx/U.S. DollarFXCM

Description

Hi traders,

The EURUSD took a dip when it went over 1.20. The thing is... it broke through so this means we will see that price again very soon. EURUSD is still within it's uptrend channel. DXY topped @ 92.00 during a nice bull run yesterday but has now retrace (may have been a top)

I looked in a lower timeframe (4H) and it looks like we may have reached the end of this retracement down. Nothing is really sure at this level but it does look good. RR is always important and this looks like a nice one.

EURUSD LONG :
ENTRY : 1.19596
TP : 1.22700
SL : 1.18939

Trade safe!

Trade closed: stop reached

Unfortunately, price has wicked under our SL before going back up into profit!
Comments
djmanosv
is it still valid this idea ?
ScottMescudiForex
@djmanosv, Every entry is valid until it hits SL.
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