Zman266

Potential Long to 1.0780

Long
Zman266 Updated   
FX:EURUSD   Euro / U.S. Dollar
4
Moving horizontal / further consolidation above the blue long-run down trends, seems like it might break out and test 1.0780 level.
Trade active:
Entered at good spot (1.0607), but feeling less optimistic about 1.0780 and thinking more along the lines of 1.0750. However it looks like there might be pull-back to 1.0650 before that happens. Thinking maybe to add second position then or lower, depending how things look.
Trade active:
Pull back was a lot stronger then expected. Entered another position, expecting/looking for at least retest of high around 1.0710.
Trade closed manually:
Top to bottom about 90 pips, didn't reach targets, but taking profit for now. Wanted to close out before the weekend with a new president, which has a small change of generating news that might impact rates. May reenter next week, depending how things look.
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