EURUSD 240 long opportunity – break above RSI trendline
* Good RSI break above trendline, waiting for close a top of the hour.
* Needs to break above SR at 1.09753 for trade entry.
* Room for long entry up to PA trendline
* Probable LL
=> RtR 1:1
* Needs to break above SR at 1.09753 for trade entry.
* Room for long entry up to PA trendline
* Probable LL
=> RtR 1:1
Note
Alas, I did not enter the trade because of my pesky day job, but this one worked out sort of as planned – the trade as marked would have been successful, but it had a lot more room to grow, right up to the 78 EMA and the RSI break over the trendline.Well on to the next trade.
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