LeonardoL

EURUSD Retracement

Long
LeonardoL Updated   
FX:EURUSD   Euro / U.S. Dollar
7
EURUSD looks like it is now getting into a channel with a clear view of what its structure might look like. This trade has a really good Risk:Reward ratio. There is confluence between support/resistence, fib. levels, and trend lines. Use your entry strategy to make it work. may the force be with us!
Trade active:
Entered at consolidation area, we're up bound and expecting an extended wave 3 to get us to Pre-Brexit levels. We might see more consolidation at 38.2 fib.
Trade closed manually:
Closed trade for now - ECB progressing so will wait for another setup to continue.
Comment:
2/3 targets executed for profit at fib. levels, 1/3 hit original stop loss. Not enough time to move my stop loss up.

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