$EURUSD Long Trade
Updated
Liking the long here. Technically speaking, we have a nice bullish close on the recent H4 candle, closing above the previous three H4 candles closes. We also have a breakout of the downtrend line and solid level of support to trade off of on the H1. My stop is below the hourly breakout candle near $1.08590. Will update as the trade progresses. Target is the next high in the area which judging off of H4/daily is like around $1.09570.
Note
Had to work with this one a little bit. I exited this morning before the news came out, locking in a small gain. I then re-entered late morning and rode this up to $1.0940 before locking in profits. Nice trade.
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