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Euro / U.S. Dollar
Long

EURUSD Long

By UnknownUnicorn769459
Updated
EURUSD has crossed its trendline and retested twice. A fractal pattern also formed just before the crossover, suggesting a reversal. Today, the pair moved towards and pulled back from its 100MA. This is an opportunity to enter long. Price targets are set at Fibonacci levels with respect to the past downtrend.

SL: 1.1645
TP1: 1.185
TP2: 1.196
Comment
In the green.
Trade closed manually
Going to take profit now as it just missed TP1 and doesn't appear to be approaching TP2 at any strong rate. If you have the risk appetite, leave 50% of the position and move stop to 1.174.

+100 or so pips.
4h4hour4hrEURUSDeurusdlongTechnical IndicatorsLONGTrend Analysis

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