Koutta

EURUSD 15m Price Action Long

Long
Koutta Updated   
FX:EURUSD   Euro / U.S. Dollar
*Personal Journal Only*
Just got in EURUSD for a potential 1.73 R
Reasons: Uptrend on 1h charts, with a struggling pullback followed by a reaction on support resistance level, got in after the second test on the same level.
Stops below 1 ATR of previous test, targets on retest of highs.
Comment:
Planning on moving stops 1 ATR below the previous low to reduce some risk if the price break previous high.
Comment:
Moved stops to 1.22133, ist still not breakeven but i want to leave space for price to breathe.
Trade closed: target reached:
Target reached 1.73 R profit.
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.