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Ducksouptrading
Nov 29, 2017 1:18 PM

Buying Potential EUR/USD breakout 做多

Euro / U.S. DollarFOREX.com

描述

Interesting setup at the moment. After breaking out of the falling flag in the DAILY timeframe the pair decided to give itself a rest and started a small correction.

After the above mentioned breakout was confirmed, we decided to wait for cheaper prices and put our money on a LONG position once the time deems right. As a trigger we agreed on the 0.5 and 0.618 Fibonacci retracement - hence, we opened a long position once we hit that 0.5 Fibo.

Fingers crossed on that one.
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