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Rayyan_2805

Possible Uptrend Starting for EURUSD

Long
Euro / U.S. Dollar (FX:EURUSD)  
Rayyan_2805 Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD eurusdlong eurusdprediction eurusdforecast eurusdsignal eurusdidea signals accurate
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trendanalysis chartpattern indicator eurusd eurusdlong eurusdprediction eurusdforecast eurusdsignal eurusdidea signals accurate
Possible buy for EURUSD. Price is moving between a parallel trend line channel and has recently reached a local support zone as well as the support trend line of the trend line channel. This indicates a long bias. I have placed a trade with a stop loss just below the trend line channel to account for any fake breakouts of around 40 pips and a take profit of around 150 pips. Keep an eye out for updates. EURUSD
Comment:
40 pip stop loss hit, price broke trend line therefore invalidating the trade
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