EURUSD seemes moving rather to the upside in a very wide trading channel. Moves are sometimes directionless, but starts building a clear uptrend. With that in mind I place two pending orders @ 1.1220 with a 50 pips SL of 1.1175 aiming distant targets as shown on the chart. If the trade would be a looser I would definately buy it again wherever it touches the support trendline of the channel.
Halfway the 1st target level, both positions stop loss will be moved to B/E. Good luck !
Halfway the 1st target level, both positions stop loss will be moved to B/E. Good luck !
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.