- Potential Long as cup and handle begins to form on the EUR/USD
- Awaiting confirmation on the handle to confirm the 38.2% retracement levels.
- Risk to reward ratio 1:4
- Entry: 1.20, Stop Loss: 1.19 Target Profit: 1.23
Note if the handle breaks 38.2% retracement then the trade is invalidated.
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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.