immediate smaller trade to the downside ... but looks like much bigger potential down on the way
small trade now but with much bigger potential if proves strong upside. Break of down channel!
possible interesting setup to come in the following weeks for shorting eurusd. around 2:1 P/L ratio. due to very bumpy ride larger P/L spreads are cruical. We will see the outcome but one is sure, ECB will become very nervous if the rate goes over 1.12. Much higher probability to see 1.02 before 1.18 this year. Stay calm and patient and the fish will come to you :))