EUR/USD: Channel breakout finally! Getting a good entry now...
We could go straight up from here but if we get some consolidation and a re-test of the channel boundary and/or up trendline we might get a good R/R opportunity to add longs. Setups on chart.
I'm longterm long from 1.0610 based on this:
Original setup:
I added a long at 1.0810 after I caught a short retracement, see the comments on this idea:
Possible wave 3 up in progress:
It's not at all sure that we make it back down to my entry point but it's better to wait imo than to enter without a decent setup (with decent R/R).
I'm longterm long from 1.0610 based on this:
I added a long at 1.0810 after I caught a short retracement, see the comments on this idea:
Possible wave 3 up in progress:
It's not at all sure that we make it back down to my entry point but it's better to wait imo than to enter without a decent setup (with decent R/R).
Trade active
Comment:
TP1 reached!
Comment:
SL just below 1.09
