This trade is based on the retest of the blue channel. We have the 61.80% fibs of the last retracement, the uptrend channel in yellow of two trendlines, and in our entry point their is a major supply&demand zone and this give us a major support for our little swing. EURXXX is very strong this last few weeks so we trade with the trend and we only buy a retracement of the big move.
Enjoy:) and go check out my profile for more ideas!
EP---130.4340
SL---130.1843 (25pips)
TP1---130.6147 (breakeven)
TP2---130.9429
TP3---131.3222
TP4---131.8243
Enjoy:) and go check out my profile for more ideas!
EP---130.4340
SL---130.1843 (25pips)
TP1---130.6147 (breakeven)
TP2---130.9429
TP3---131.3222
TP4---131.8243
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