Cub and handle on EURUSD. Bullish on EURUSD.
Updated
Cup and Handle is forming on EURUSD. Expect Bullish movement once the handle is complete and price action breaks above neckline.
Buy at 1.058
TP # 1 : 1.062
TP # 2: 1.064
Stop Loss : below the B.O. Line at 1.057.
The pattern is not yet confirmed. We need to see bullish candle above 1.058 to consider it confirmed and also the handle is still forming.
Buy at 1.058
TP # 1 : 1.062
TP # 2: 1.064
Stop Loss : below the B.O. Line at 1.057.
The pattern is not yet confirmed. We need to see bullish candle above 1.058 to consider it confirmed and also the handle is still forming.
Note
The handle is already formed and the break out at neck line is done overnight.. Already in profits but looking out to hit the TP # 1Note
Took profit on 1.06130 .. I was moving the stop loss and ended up with profit little bit before the Tp# 1 .. It was a very good trade!
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