ErfanParvini

Possible long opportunity

Long
ErfanParvini Updated   
FX:EURUSD   Euro / U.S. Dollar
9
So we finally saw a movement in the market today, and as shown after that inverted head and shoulders, we have violated and closed above the previous highs. Currently in a consolidation, forming a flag pattern. We are likely to see another equal move to the upside all the way to 1.618 extension potentially up to the highs around 1.10555. However, we do have NFP coming out tomorrow morning so be careful with your stops! Good luck!
Trade closed: target reached:
Got 75 pips out of this one!
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.