EUR/USD - long from 1.133 - good risk/reward ratio
The EUR/USD pair is near important support and give us a good long trading opportunity with nice risk reward ratio of around 5. After failed breakout from ascending triangle at the beginning of January im more bearish than bullish but I expect another test of triangle breakout.
Take profit and stop loss is drawn in the chart.
Good luck to all
Take profit and stop loss is drawn in the chart.
Good luck to all
Trade closed: stop reached
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The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.