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How_Productions
May 17, 2020 11:41 AM

First analysis  Long

Euro Fx/U.S. DollarFXCM

Description

Hi guys, beginner here with my first analysed trade, please let me know what you think.

I've opened a long position at 1.08060 when it touched my trend line, exiting when it reaches resistance line 1.08950.

In orange i have identified key support and resistance lines, with a dotted line as my pending orders price.

If it breaks resistance at 1.08950, i plan to exit at 1.10190.

If it breaks support at 1.07270, i plan to exit at 1.06350.

I would not advise copying my trades as i am still learning but just wanted to put my opinion out there and see what others think.
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