EURUSD LONG Opportunity
Updated
EURUSD is close to trendline support and long-term Fibonacci retracement level provides further support.
Dollar Index (DXY) is showing weakness.
This could be a good chance to enter a LONG trade, since we have room above.
Stop Loss: Fibonacci support (about -1% @ 1.2166)
Target price: three times our risk (+3% @ 1.2643)
Dollar Index (DXY) is showing weakness.
This could be a good chance to enter a LONG trade, since we have room above.
Stop Loss: Fibonacci support (about -1% @ 1.2166)
Target price: three times our risk (+3% @ 1.2643)
Note
Today's economic calendar news could shake EUSUSD price a little bit.Since we're currently in profit, I think it's wise to raise our SL level to 1.2340 (above entry point).
This opportunity has turned into a free trade: since we entered with 10X leverage, now we're going to catch 5% safe profit in worst case scenario.
Note
Good news: since 
EURUSD keeps climbing, I just raised SL level to 1.2400.Now we have a 10% guaranteed profit on this trade!
Let's wait and see..
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