one could either buy the breakout/Close above the days high (1.3215) as a Stop could be placed relatively narrow
or in case of another pullback, there is a nice Gartley in the 5 Minute Chart which could offer a Chance to buy before the Thing possibly takes off for a nice bounce.
so 2 valid entries with a stop 10 pips below the days low and the potential of a relatively big move, (maybe up to 1.3340) in relation to the risk
I like the narrow range of the Euro after all These Drops to the current Level. The bigger Picture also supports the idea of a bounce
or in case of another pullback, there is a nice Gartley in the 5 Minute Chart which could offer a Chance to buy before the Thing possibly takes off for a nice bounce.
so 2 valid entries with a stop 10 pips below the days low and the potential of a relatively big move, (maybe up to 1.3340) in relation to the risk
I like the narrow range of the Euro after all These Drops to the current Level. The bigger Picture also supports the idea of a bounce