EURUSD long (based on DXY, 4h and weekly)
Updated
We can see a movement what probably a setback is for the broken trendline (blue). Also the price is closed above 1.13830 what in my eyes a support is. I'll take 2 long positions from here when the market is open, first TP +- 1.14150 (red trendline). And the second position will be put on breakeven if seen the level, if we break out of the red trendline we have a solid position running. Might go fast upwards if we break it.
Note
Going as planned first TP reached, lets see what the price does from here. Second position on breakeven.Note
Great trade! +110 pips on second position.
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.