Very nice trend trade setup on eur/usd still see the euro bullish with no signs on the dollar strengthening just yet
has formed a higher low on a daily support level of 1.90290 with a 61.8% fib level and a respect of a daily trend line, also formed a inside bar which has broken out of. So plenty of confluence there to take the trade and trade what you see.
Also have a pending order at 1.2000 as i see a breakout at that level
Risk to Reward is 5:1
lets see this play out enjoy.
has formed a higher low on a daily support level of 1.90290 with a 61.8% fib level and a respect of a daily trend line, also formed a inside bar which has broken out of. So plenty of confluence there to take the trade and trade what you see.
Also have a pending order at 1.2000 as i see a breakout at that level
Risk to Reward is 5:1
lets see this play out enjoy.
Trade closed: stop reached:
Stops where hit in this trade. which is cool learning from it. :)