Long EURUSD – kind of a Cup-and-Handle Formation

Trading idea on 1h chart:
Long EURUSD – kind of a Cup-and-Handle Formation

- usually Cup-and-Handle Formation is a CONTINUATION formation (here not, so not a real one)
- here it looks like one, but is against the major downtrend
- more import here are 3 higher highs (buyers are taking control) and a clear resistance line at 1.1867
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Open Long at 1.1870, Risk-Reward = 2.67
SL@ 1.1840 (-30), TP@ 1.1950 (+80)
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