EU Bounce off lower daily trend line swing

By joel2492
My first publicised trade idea, I feel this is a good one. I took this trade due to the lower trend line not being broken on the daily time frame, as expected price has bounced from the area I marked out for the long position. I actually didn’t get into this trade until 1.18906 due to work commitments but my stops remain the same as shown. Targeting the upper daily trendline as my take profit so will be holding for a few days or maybe even weeks.
Trend Analysis

Disclaimer