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PyaeLwin

EURUSD Bullish trendline, with strong price correction

Long
Euro / U.S. Dollar (FX:EURUSD)  
PyaeLwin Updated   
FX:EURUSD   Euro / U.S. Dollar
Chart Patterns Trend Analysis Technical Indicators
3
0
chartpattern trendanalysis indicator
snapshot

EURUSD is in a strong bullish trendline, with strong correction in 4 hours time, which is later followed by bullish engulfment candlestick.

Buy area 1.2170-1.2180
TP 1 1.2210
TP 2 1.2260
SL 1.2120

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Trade closed: target reached:
I will close the trade now since today is Christmas eve. Have reached TP 1, still need to improve my risk reward ratio though. I have let risk higher than reward in this trade.
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