Trendline breakout + Pullback

Short Plan:

We anticipated trendline breakout and won 100pips
Positive economic news is pulling back price to retest broken trendline
Found resistance between .786 and .618 fibonacci level

Watch for price action to anticipate big drop

Entry: 1.09502-1.09311
TP:1.08622/ 1.07870/ use free-risk trade
SL: 1.09960

Trade attivo

Trade chiuso: obiettivo raggiunto:

TP1 is hit // RR: 1-1 // Take some profit and hold the rest