EURUSD broken the trendline and Retest
Updated
The characteristic of Eurusd is that it moves in an ascending and descending channel and really respects the trendline, it is very rare for a false break to occur to the trendline in Eurusd. You can see that the market has broken its trendline and the candle doesn't close below the trendline and makes a long tail
SL : 1.2170 (50 pips)
TP: 1.23495
R : 2
SL : 1.2170 (50 pips)
TP: 1.23495
R : 2
Note
Sorry if the entry is different from the one drawn it was accidental, before I wrote this idea the price was right at the entry (long position tool), but when I finished writing this idea the price had moved, it could be due to very fast and aggressive price movements, or maybe I wrote too long
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.