EURUSD great setup and good risk reward, rising wedge
Updated
Entry level between 1.238/1.240
Stop at 1.242
Target 1: 1.232
Target 2: 1.226/1.222
Stop at 1.242
Target 1: 1.232
Target 2: 1.226/1.222
Comment
So it dropped out, making a test of the former support line now, while making a bear flag. This should drop from around here. Should not get back in the wedge to much againComment
No big problem yet, but price got back into the wedge a bit to much. Could have been turned into a bullish triangle nowComment
But can break both ways as well of courseComment
And finally, confirmation. I have lowered my stop to entry level for a free trade :)Don’t forget to like if you appreciate what I am doing :)
Comment
I have just closed 1/3 of my position, locking in some profit. The other 2 third is for the targets i had planned Trade closed: target reached
Perfect trade :) 140 pips
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