Here we have EUR/USD on 4hr chart; this pair has been on a downtrend channel for the past year; itt finally managed to breakout and currently holding support (yellow thick line)
I;m expecting a nice rally off the support line in the next hours and even days;
BUY range 1.134 - 1.1328 Target are within fib levels (top of lines going sides ways) Stop loss; 1.1286
Patience is key; Goood luck to all'
Trade active
SL was hit; however we managed to bounce back into channel; I'm remaining patient and looking to re-enter.
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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.