EURUSD long (happy New Year EUR ?)
As part of the monthly, declining trend, there has been an option with a breakdown of local 4h resistance.
The breakdown of such resistances usually occurs by an impulse, due to the collection of stops above the extreme points.
The breakdown of such resistances usually occurs by an impulse, due to the collection of stops above the extreme points.
Trade active
30% of the volume is closed, stop loss to the opening price
Trade closed: target reached
the remainder of the transaction amount is closed for breakeven
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Related publications
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.