Eurusd has been in a uptrend channel since October and the price is now making support on broken resistance and is at the bottom end of the channel. I already see a shift in market structure on smaller time frames and just waiting on an retracement to enter a buy position.
Trade active:
I’m taking a buy here.
I’m taking a buy here.
Comment:
Stopped out during Nfp but re-entered same trade at stoploss level 1.07550 and new stoploss 1.07200
Trade closed: target reached:
Up 4:1 on trade. Can close here or manage trade for higher prices if you took trade. Up 3:1 overall after first stop out during nfp.
Up 4:1 on trade. Can close here or manage trade for higher prices if you took trade. Up 3:1 overall after first stop out during nfp.
Looking for this on lower time frames. Something similar to a inverted head and shoulders.