SaleemJunedLala
Long

EURUSD Short Term Long

FX_IDC:EURUSD   Euro / U.S. Dollar
39 0 2
First Idea here, so please trade at your own risk and do advice and suggest anything I can improve on :)

A long can be taken in EURUSD             as the price has taken support at the short term trend line along with a buy indication at the stochastics.

Target 1: 1.07476
Target 2: 1.07738

Stop Loss: 1.07112
Trade active:
snapshot
Comment: The 5 minute chart shows quite significant down wicks indicating how the sellers haven't been able to close the price below the upward sloping trendline. Seems to be holding well off now with a favorable risk reward ratio.
Trade closed: stop reached: Stop loss triggered!
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