OK. It is either 1.13790 or today's close that we go long at. Stop at 1.12990. Targeting 1.15290. More to come on the way up if it plays out with today's low as the stop.
Bullshit action - got in @ 1.14225 going to 1.15290. Then it will drop to 1.13480 anyway. Then on to 1.1700
Breakout of the dovish trend line is really strong bullish signal but it looks to me that it can make fake dip below before it starts to recover targeting new high (> 1.15). Need to see US CPI print.
Good morning all, quick update today as I have just entered as buy on EURUSD . I was looking for price to come to this buy in level. I went down to the 4H timeframe to taker this trade. If you look you will see two hammer rejection wicked candles so that was a green light for me to take the trade. Fingers crossed this one plays out or I can at least lock in some profits as EU hasn't been kind to me. Little risky but I am ok with that, fortune favors the brave as they say. Will update again in a few days. GLIYF