EUR/USD BUY LIMIT - 12/10/2017
EUR/USD continued growing and broke out the previous upper limit of the consolidation. Now the price is trading above it. We should note that the breakout move was on increased volume, but it was spread throughout the chart, so we can't point out any specific volume level. Anyway, given all other facts above we should consider opening long positions. Unfortunately, there is no a good entry point at the moment as we don't have a good place for a stop loss. That's why we should wait for a smooth downward correction (optionally) and a resumption of the growth on large volume, so will be able to place a stop loss below the beginning of such move. A potential of the deal is 100 pips.
The bottom line: long positions are in priority.
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