2018Jan25 EURUSD H1 Trend Continuation
The uptrend for EURUSD is still strong. Based on my bias that the uptrend will continue, I am placing an aggressive buy limit at the 1.24006 (78.6 Fibonacci of the recent swing low to swing high). The stop loss is placed just below the swing low while the take profit is set at the swing high. I am cancelling this pending order if price goes to TP1 before getting triggered.
Trade Setup: Trend Continuation
Price Entry 1.24006
SL 1.23796 | SL pips 21.0
TP1 1.24595 | TP1 pips 58.9
RRR1 2.80
Status/Remarks: TP1 hit! :)
Trade Setup: Trend Continuation
Price Entry 1.24006
SL 1.23796 | SL pips 21.0
TP1 1.24595 | TP1 pips 58.9
RRR1 2.80
Status/Remarks: TP1 hit! :)
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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.