IvanLabrie

EURTRY: Interesting long setup

Long
IvanLabrie Updated   
FX:EURTRY   Euro / Turkish Lira
We have an interesting long setup in the EURTRY chart.
Go long if we plot a new high, or on retracement to 3.2131, with stops (for either of the entries) under 3.1914.
Target is initially a test of 3.3052 but we could march higher, and eventually break resistances and hit the higher targets on chart, but for now, it remains as a possibility that needs further empyrical proof to be validated.

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Trade active:
"Go long if we plot a new high, or on retracement to 3.2131, with stops (for either of the entries) under 3.1914."
New high.
Comment:
If you took the trade, leave a comment!
Comment:
Heading for target #1. If we don't break and close above it, we might see a retracement or correction begin.
Comment:
Close 75% of the position, let the rest run with break even stop forever...
Comment:

We can rebuy or add to longs in this zone here. We can finetune the stop loss from the daily chart when price gets there, or we can use a wider stop loss under 3.2.
Comment:
Good progress, let it cruise.

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