Long on EUR/USD BUY BUY BUY !!!

1 Şub 2016

Reasons for

-Firstly as we can clearly see we are in a Triangle formation
-We have had multiple bounces from the Bottom trend line which is now acting as Support
-The previous Four hour candle was a doji on the trend line
-Now this 4 hour candle stick is forming a nice big bullish candle which signifies Bullish momentum from Trend line acting as Support
-We have also priced in Higher HIghs

-Although waiting for a break of the triangle formation would be the best thing to do i am more then willing to take a risk and only give away 50 pips if its Stop loss and if it hits Takeprofit then we will make a nice gain of 140 pips
Key risk management and risk reward is KEY :)

Remember History repeats itself

My ENTRY 1.08434

GoodLuck everyone !
Happy trading :)

2 Şub 2016

İşlem elle kapatılmış

Closed at the top of trend line :)
Nice profits