Moving Average Breakout
Updated
Price broke Moving Average with period 100 and formed a local high. We can open long trades above the swing high with DMI confirmation. Entry level is 1.1120 and a stop order should be placed below MA100. As for profit target they can be: daily MA100, levels of round digits 1.1300, 1.1350 and 1.1400 for long term.
Trade closed: target reached
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