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AlphaCurrencyTrader

EURUSD LONG

Long
Euro / U.S. Dollar (FX:EURUSD)  
AlphaCurrencyTrader Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD euro dollar Forex
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trendanalysis chartpattern indicator eurusd euro dollar forex
Long entry here!

Fundamentals are saying this dollar jump higher will be short lived.

Also seeing strong bullish divergence on multiple indicators for EU, and Strong Bearish divergences on the dollar.

Enter with a nice 1:3 Risk Reward Ration with a target at the .618 Fibonacci level.

I will update targets and stop losses in the comments below as this trade progresses.

Good Luck All!
Trade active
Comment:
Wicked to stop loss, however we did not see a 4 hour open & close below our Stop loss threshold, therefore we are keeping this trade open.

We will close if it does invalidate the SL level with a 4 hour open and close.
Trade closed manually:
SL Rules satisfied and then it ran back to B/E If you are still in id advise to close this out at B/E or small loss/profit as this idea is now invalidated.
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