EUR bulls look to hold the pair above 1.13000 after a break out and retest of the recent descending channel on the 1h chart.
Trade strategy:
- Close half position at target (1.13400)
- Close full position at target (1.13800)
- Close and look for re-entry if bears convincingly take price below 1.13000
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Always conduct your own analysis before entering any trade.
Always use sensible risk management.
Never let emotions interfere with your strategy.
Trade strategy:
- Close half position at target (1.13400)
- Close full position at target (1.13800)
- Close and look for re-entry if bears convincingly take price below 1.13000
-----------------
Always conduct your own analysis before entering any trade.
Always use sensible risk management.
Never let emotions interfere with your strategy.
SL moved to entry and an exit strategy is in place to close the remaining position.