TradingView
Zoen_Trieste
Sep 10, 2018 7:47 AM

Support Buying EURUSD Long

Euro Fx/U.S. DollarFXCM

Description

This pair painted an engulfing bullish bar after touching the support level and is now seemingly looking higher to test the gap area. Buying here with stops below 1.1520 and looking for 1R-2R targets seem reasonable.

Comment

5M just broke the top around 1.1580, one reversal attempt is behind us, so far so good.

Trade closed: target reached

1R target reached, +40 pips. Partial profit taking.

Trade closed: target reached

2R targets done, +80 pips.
Comments
FXCM
nice idea! I have a similar view, with a take profit at 1.1664:

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