EURUSD has crossed its trendline and retested twice. A fractal pattern also formed just before the crossover, suggesting a reversal. Today, the pair moved towards and pulled back from its 100MA. This is an opportunity to enter long. Price targets are set at Fibonacci levels with respect to the past downtrend.
SL: 1.1645 TP1: 1.185 TP2: 1.196
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In the green.
Trade stängt manuellt
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Going to take profit now as it just missed TP1 and doesn't appear to be approaching TP2 at any strong rate. If you have the risk appetite, leave 50% of the position and move stop to 1.174.