Pullback to Trend Line After Big Break

EURUSD Possible Long of EURUSD after big break and retest of trend line channel. Keep a close watch of the daily candle due to the fact that price could re enter the trend line channel and carry on downwards. This will occur if the daily candle from today close below the trend line. If not then we will see a successful pullback and price will bounce of trend line again and go long.

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Entering a BUY trade with small stop loss at 1.13315.

Take profit will remain open at the moment

Bình luận:

Trade hit stop loss of 10 pips so very minor, will see how this daily candle plays out and will enter trade again